Traditional cars cooperate with technology companies.

The significance of this move lies in seeing the development potential of China's automobile industry and wanting to rely on China's companies and technologies to upgrade their own automobile systems and technologies.

Volkswagen announced 654.38+068 billion investment projects in China.

I believe many people have discovered this phenomenon. Many well-known automobile brand enterprises are moving closer to the new energy automobile manufacturing industry. These traditional automobile enterprises have realized that if they don't keep pace with the times, they will be ruthlessly eliminated by the times. Many traditional automobile companies have launched a storm on the new energy track, among which Audi is the most representative.

As the largest automobile company in Europe and one of the most powerful leap-forward companies in the world automobile industry, Audi AG is very aware of what the China market can bring to them, so it also attaches great importance to its business in China. In April this year, Audi ag set up an automotive software subsidiary in our country, with an investment of 654.38+0.68 billion yuan, which is aimed at the large and complete intelligent supply of automobiles. The products include autonomous driving, intelligent cockpit, V2X, subfloor and so on.

Volkswagen plans the future development of China market.

In the future, Audi AG will launch their pure electric vehicles in China market, and all intelligent driving schemes will be completed by this joint venture subsidiary. This shows that Audi ag attaches great importance to the cooperation with local technology companies in China, and Audi ag also wants to take this opportunity to push Volkswagen's vehicle intelligence experience to a higher position.

In fact, Audi is the largest and earliest successful international partner of China's automobile industry. Over the years, Volkswagen has enjoyed a good reputation in the automobile industry in China. This time, in order to keep up with the development of new energy automobile industry and speed up the research and development process of Volkswagen's advanced driver assistance system and automatic driving system for China market, the joint venture company was established with huge investment, which not only saw the future development potential of China automobile, but also showed the importance it attached to the China market.