VW and BYD electric cars partnership

During an informational visit by the Chinese carmaker BYD, led by the chairman Wang Chuanfu, a memorandum of understanding was signed last week by Mr. Wang and Dr. Winterkorn. Wang made minor headlines last month by publicly drinking EV battery fluid to prove that it is not toxic.

Dr. Ulrich Hackenberg, Member of the Board for Technical Development at Volkswagen, insisted on personally providing the delegation of Chinese top managers with information. The visit, which took place first at the Elektrotraktion Technology Centre in Isenbüttel and then at the test tracks in Wolfsburg, featured technical discussions and test drives with a variety of vehicles such as the Golf twinDrive and the prototype for an electric vehicle. “Volkswagen will consistently expand its successful ‘BlueMotionTechnologies’. Hybrids and electric vehicles will play an increasingly important role, of course. Particularly for the Chinese market, potential partners such as BYD could support us in quickly expanding our activities,” emphasised Dr Hackenberg.

Afterwards, the Chairman of the Board of Management of Volkswagen AG, Dr Martin Winterkorn, and the Chairman of the Board of Management of BYD, Wang Chuanfu, signed a memorandum of understanding.

The objective of signing a memorandum of understanding between Volkswagen and BYD is to explore the options for partnership in the area of hybrids and electric vehicles powered by lithium batteries. Apparently, BYD stands for “Build Your Dreams,” although so far their cars have always been copies of existing models.

Post a comment: