Bank CEOs meet with Trump to discuss Fannie Mae and Freddie Mac - Bloomberg
Investing.com -- Volkswagen (ETR:VOWG_p), in partnership with its FAW Group associate in China, has announced plans to introduce 11 new models specifically designed for the Chinese market.
This move is part of their strategy to maintain their market share in China, as previously disclosed by the company.
The company has also expressed interest in expanding its product range with models specially developed for China, while also establishing more partnerships to accommodate the needs of regional customers.
According to the details of a new strategic cooperation deal announced on Monday, the companies will release six pure electric models, two plug-in hybrid models, two extended-range models, and one fuel model.
Notably, the first electric model under the Jetta brand is set to be launched next year.
In addition to their new models, the companies have also announced that the cars will include new digital services and technology, including autonomous driving features.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.