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03/19/19
Beijing / Chengdu / Wolfsburg
Company

Volkswagen Brand China and FAW-Volkswagen establish new joint venture for connected services

  • New joint venture for connectivity and digitalization of Volkswagen models from FAW-Volkswagen
  • Total investment of RMB 1 billion in new company
  • Volkswagen China CEO Dr. Stephan Wöllenstein: “As we are starting to fully connect our models, so comes the opportunity to enrich our customers’ lives with high-quality digital services”

Volkswagen Brand China and its Chinese joint venture FAW-Volkswagen are scaling up their cooperation in the area of digitalization and connectivity. MOS Intelligent Connectivity Technology Co. Ltd., a joint venture between Volkswagen Group China and FAW-Volkswagen, will be established in the Chinese city of Chengdu. The partners are investing a total of RMB 1 billion in the company that will operate under the MOSI brand (Mobile Online Services Intelligent). The objective is to develop and offer digital services for all future Volkswagen models of FAW-Volkswagen from 2019 onwards, including vehicles based on the modular electric toolkit (MEB) from 2020. With the new joint venture, the Volkswagen brand is forging ahead with the development of its automotive ecosystem in China.

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