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Wednesday 11 May 2011

Volkswagen to make electric cars in China with FAW

Reuters
May 11, 2011

German carmaker Volkswagen is to launch electric cars in China under a new Kaili brand together with FAW Group, joining other foreign players in the race to develop the fledgling sector in China.

"The Chinese government has been encouraging joint ventures of foreign car manufacturers to develop indigenous brands," Volkswagen China spokesman Andreas Hoffbauer said on Wednesday.

China's ministry of industry and information technology certified FAW-Volkswagen's Kaili electric vehicle on May 3, Volkswagen said.

Volkswagen, Europe's largest carmaker, has said it expected to start electric car production in China by the end of 2013 or early 2014. 
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