Volkswagen Anhui (VWA) is a joint venture formed in 2017 between JAC Motors and Volkswagen headquartered in Hefei, Anhui, initially to produce electric vehicles under the SEAT brand, and later the Sehol brand.
History
The company was originally named JAC Volkswagen Co., Ltd.. In 2020, Volkswagen increased its stake in JAC Volkswagen to 75% and acquired management rights in the company, becoming Volkswagen's first subsidiary with full control in mainland China.[2] The company was subsequently renamed Volkswagen (Anhui) Co., Ltd.[3]
In May 2023, Volkswagen announced an additional investment of RMB 23.1 billion (US$3.3 billion) in Volkswagen Anhui, of which RMB 14.1 billion was invested in the construction of a research and development center and nearly RMB 9.1 billion was invested in the construction of the first phase of the Hefei production base.[4][5]