Apr 24, 2018 - 05:10 pm

VW invests $15 bil. in to China/EV brand SOL

Volkswagen is set to invest a significantly increased sum into the e-mobility business, including autonomous driving, digitization and new mobility services in China. By 2022, the company plans to invest 15 billion dollars with its joint venture partners SAIC, FAW and JAC.

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Aug 9, 2016 - 07:39 am

Jens Marquardt, Jochem Heizmann, Ronald Baron.

“We have now increased our plug-in hybrids quite substantially in our overall portfolio, but for us something like LMP would have to be a major step in technology to really communicate it.”

BMW Motorsport Director Jens Marquardt rules out a BMW entry in the WEC LMP series at the current state of regulation. But participation in the endurance races would look more feasible once fuel cell technology becomes part of the game.
sportscar365.com

“We appreciate every step to liberalise Chinese regulations and the Chinese economy in a way that meets international standards.”

Volkswagen’s CEO for China, Jochem Heizmann would like to see China remove caps on the stakes foreign automakers can have in JVs as early as possible. VW makes 40 percent of its business in China. Chinese carmakers remain opposed.
chinadaily.com.cn

“If you’re investing in a Musk business, you’re investing in something that hasn’t happened yet, so it’s risky. But I love the guy. He’s totally focused. He’s already accomplished what people said could never be done.”

Ronald Baron, founder of Baron Capital, has full trust in the Musk. And an interest too as Baron owns 1.5 million Tesla shares. It will be the shareholders who will ultimately decide if the SolarCity merger goes through.
nytimes.com

May 7, 2015 - 08:16 am

Jochem Heizmann, Jens Marquardt.

“I think we should be aware that plug-in hybrid power is the best solution in the short and medium term. Perhaps the development of all-electric vehicles can be realized in the long run. Discussions are ongoing in this respect also with Chinese experts.”

Jochem Heizmann, VWs board member responsible for China, sees PHEV as the short-term solution and claims missing charging infrastructure and standardisation in China as the main reason.
greencarcongress.com

“The reason is that changing cars after twenty minutes of racing because of a flat battery doesn’t reflect the endurance of our vehicles. Therefore it’s important that the series develops, which already has been structured in a roadmap. We are following it closely.”

BMW’s Motorsport Director Jens Marquardt explains why the company is not part of the Formula E racing series – yet.
electricautosport.com