FRANKFURT -- Volkswagen Group has agreed to cooperate with China's FAW Group and the China Intelligent and Connected Vehicles Research Institute on technologies including e-mobility, connectivity and autonomous driving.
FRANKFURT -- Volkswagen Group has agreed to cooperate with China's FAW Group and the China Intelligent and Connected Vehicles Research Institute on technologies including e-mobility, connectivity and autonomous driving.
The once-dominant Japanese carmaker is restructuring to address a slump in global sales and profitability in the face of rising competition from China’s fast-growing electric vehicle sector.