Volkswagen and its Chinese joint venture with SAIC Motor Corp. sold their assembly plant in Xinjiang to the Shanghai Motor Vehicle Inspection Center, a government-owned firm, citing economic reasons. The sale includes the Urumqi manufacturing site and two test tracks, though the financial details remain undisclosed. This decision follows years of criticism from rights groups and Western lawmakers over alleged forced labor in the region, though Volkswagen’s statement did not address these concerns. The automaker has extended its joint venture with SAIC until 2040 and plans to introduce a new generation of electrified vehicles in China by 2026. Both SAIC and the purchasing firm, SMVIC, are owned by the Shanghai government. Continue here.
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