30 full BEV products coming to China. Wayne Gerdes – CleanMPG – Sept. 11, 2016 Wolfsburg, Germany -- VW Group and Anhui Jianghuai Automobile (JAC) announce they are putting in place the beginnings to jointly design and build battery electric vehicles in China. VW AG and Anhui Jianghuai Automobile Co., Ltd. (JAC) signed a Memorandum of Understanding (MoU) to define the next phase of negotiations between the two companies in order to achieve long-term joint development of battery electric vehicles in China. Matthias Müller, Chairman of the Board of Management of Volkswagen AG: According to the MoU, the two parties intend to enter into discussions to evaluate the perspectives and feasibility of a new joint venture company (“JV”), focusing on new energy vehicles (NEV), to carry out full cooperation in areas including R&D, manufacture, sales and mobility services in the field of NEV and parts in order to improve energy efficiency. The top priority will be to develop zero-emission mobility solutions. An Jin, Chairman of the Anhui Jianghuai Automobile Co., Ltd: All the while the VW Group China continues its efforts in terms of e-mobility to meet the future demands of the Chinese consumer. As part of its comprehensive new Group Strategy “Together – Strategy 2025” VW is intensifying its efforts towards sustainable mobility worldwide. The Group will be launching a broad-based initiative for electro-mobility and intends to develop more than 30 new, purely BEVs over the next ten years. <-- Take that to the bank! Anhui Jianghuai Automobile Co., Ltd (JAC) is an automotive concern encompassing R&D, production, sales and service and other businesses related to the production and sale of commercial and passenger vehicles, including powertrains. It has two vehicle brands, “Jianghuai” and “Ankai”. JAC delivered 333,639 vehicles and chassis in the first six months of 2016 (+14.15%), with new energy vehicle sales increased massively compared with last year (+261%), while SUV sales maintained stable growth (+30%). JAC’s main products include: heavy, medium, light and miniature trucks, multi-function commercial vehicles, SUVs, sedans, buses, and core components such as chassis, gearboxes, engines and axle assemblies.