The hottest JAC Volkswagen joint venture is approv

2022-08-21
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Jac Volkswagen joint venture approved to cause trouble: it is still submitted to the higher level for approval

recently, the news about the approval of the JAC Volkswagen joint venture factory has been widely spread, but it turned out to be an "Oolong": the approval of the joint venture project is only the approval of Anhui Province. On the 29th, NBD automobile inquired the provincial government station and found that the approval of this project has been unable to be found

nbd automobile asked the Anhui Provincial Development and Reform Commission and the government affairs service center of the people's government for confirmation of this matter, the relevant staff said that they were not clear about the approval and the deletion of the approval

as early as the signing of the memorandum of cooperation in 2016, the cooperation between JAC and Volkswagen has attracted widespread attention in the industry because it may violate the regulation that "no more than two Foreign-funded Joint Ventures with Chinese automobile enterprises in China" can be carried out. Volkswagen's third joint venture in China will be approved in what form to increase the utilization ratio of magnesium alloy and carbon fiber parts, which will have an important impact on the whole Chinese automobile joint venture model

the investor relations related person of JAC group disclosed to NBD automobile that it was not clear about the deletion of approval by the Anhui provincial government, "it reached the national standard of 1 through testing. At present, the group is submitting the joint venture project to the superior government department for approval"

Volkswagen China responded that "the project is still in progress". The latest public statement of Volkswagen Group on this project was at the Geneva auto show in early March this year. Heizman, President and CEO of Volkswagen Group (China), revealed that the cooperation between Volkswagen and JAC is fully advancing in the field of pure electric vehicles, and it is expected to put the first vehicle on the market in 2018

shengguoliang, director of the product research department of anluqin, an automotive analysis company, told NBD that the liberalization of the third joint venture would not be achieved so easily because of its great relationship. He believes that the approval and release of Anhui Province may have the meaning of testing the higher-level government, "even if the final approval does not come down, there will be no serious consequences."

according to the screenshot retained by the network, the name of the application of JAC automobile group is "request for instructions on the approval of the construction project of the joint venture production of pure electric passenger vehicles between Anhui JAC Automobile Group Co., Ltd. and Volkswagen (China) Investment Co., Ltd." the acceptance authority is the Provincial Development and Reform Commission, and the approval conclusion is "agreed". Previously, it was precisely because the JAC Volkswagen project focused on new energy that the industry thought it might be a "marginal ball" for the state to support the development of new energy. However, Sheng Guoliang believes that even in the field of new energy, it is difficult for joint ventures to be approved

according to NBD automobile, among the 11 new energy efficiency qualifications that have been issued, only Jiangsu Min'an has a Taiwanese enterprise investment background, and accurately speaking, there is no Foreign-funded Joint venture. Sheng Guoliang said, "judging from the current domestic new energy policy subsidies, batteries using foreign capital are also excluded from the subsidy catalogue. Therefore, the possibility of opening joint ventures and allowing foreign-funded enterprises to further compete with domestic enterprises in China is not high at present."

in addition, after years of discussion, there is still no policy change in the joint venture share ratio of vehicle enterprises and the number of joint venture partners of foreign-funded enterprises in China. Whether the third joint venture of JAC Volkswagen can successfully pass the final step of approval is still an unknown number. It is expected that the CAGR of the market in 2009 (2) and 2020 can be maintained at about 15%

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