Volkswagen yesterday signed an agreement with China’s Anhui Jianghuai Automobile Co to explore joint development of electric cars, in the latest sign of how the German company is accelerating work in this area after the diesel emissions scandal.
VW is seeking to consolidate its long-term position as one of the leading overseas carmakers in China by — among other things — evaluating a joint venture with state-owned JAC.
China is VW’s largest market, and the country is tightening regulation of cars powered by petrol and diesel engines, in moves intended to tackle widespread air pollution in towns and cities, and curb vehicles’ contribution to global warming.
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