JAC Volkswagen launches the SOL electric SUV
After a delay, the Chinese joint venture JAC Volkswagen has started the sale of the first model of its electric car brand SOL. The E20X was supposed to come onto the market last year and is now available at prices starting at around 16,450 euros after subsidies.
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.
VW and JAC to sell EVs under SOL branding
VW and their joint venture partner JAC are going to sell their economic EVs in China under the brand name SOL. Initially they wanted to use the Seat, or local Xiyate branding but the Chinese government blocked the plans.