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SEAT has signed an agreement to join the joint venture established by Volkswagen Group China and JAC
SEAT in China Volkswagen Group China and Anhui Jianghuai Automobile Group Corp., Ltd. (JAC), JAC Volkswagen Automotive Co ., Ltd, and SEAT, SA have signed a memorandum of understanding under which the Spanish company will join the joint venture and become the leading brand of concern Volkswagen Group Chairman of Volkswagen Group China Dr. Jochem Heizmann and President JAC An Jin in the presence of Angela Merkel's German Office and Chinese Premier Li Keqiang at the ceremony in Berlin
Signature This Memorandum of Understanding represents a turning point for SEAT Since the creation of JAC Volkswagen Automotive in 2017 SEAT this He helped in the field of design as well as research and u development. According to the agreement signed, SEAT will become a shareholder of JAC Volkswagen joint venture, which will result in the introduction of the SEAT brand in the Chinese market in the 2020-2021 horizon
Following the Signing of the agreement Luca de Meo, SA said: "Our participation in this new phase of the joint venture is an important step for SEAT.This day will be part of the history of our brand while we entering a new era that will allow us to globalize the brand and accelerate the development of an electric car.China offers many opportunities for SEAT and we want to contribute to mobility solutions that meet the needs of It's also a chance for us to learn of future trends that are developing in China. "
The Memorandum of Understanding also provides for SEAT, in collaboration with Volkswagen Group China and JAC. , will build a center of e research and development in China the technologies of automotive, connectivity and autonomous driving, including relevant parts and components, as well as key technologies. The center is expected to operate in 2021. In addition, the joint venture will prepare a powerful platform for battery power (BEV)
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