FAW-Volkswagen, the long-standing joint venture between China’s FAW Group and Germany’s Volkswagen, has announced plans to introduce two new energy vehicles (NEVs) by 2027, both of which will be based on the China-developed CMP platform. These models will be manufactured exclusively for the domestic Chinese market and will not be exported abroad.
The new vehicles will offer customers the choice between fully electric (BEV) and plug-in hybrid (PHEV) configurations. The announcement follows the signing of a memorandum of understanding on 4 June between FAW-Volkswagen and the Tianjin Economic Development Zone Government, aimed at accelerating the growth of the NEV sector within the region.
As part of this collaboration, FAW-Volkswagen confirmed that its assembly plant in Tianjin, which currently has a production capacity of 300,000 vehicles annually, will serve as the manufacturing hub for the two upcoming models. The move marks a significant step in the company’s broader strategy to localise innovation and expand its NEV lineup in China.