Volkswagen’s MEB plant in Hefei, Anhui, operates at full capacity, producing NEVs for Europe. With 1,000 robots and advanced industrial CT for quality analysis, the facility epitomizes cutting-edge manufacturing. Volkswagen’s $4.22 billion investment in Hefei spans R&D to sales.
China’s drive for industrial modernisation attracts global giants like Moderna and BMW. In 2023, China’s FDI exceeded 1.13 trillion yuan, with biomedicine and automobile manufacturing leading the charge. The nation’s economic planner unveils $15 billion flagship projects, emphasising high-tech sectors.
Foreign firms, including Siemens and Volkswagen, expand R&D centres in China, tapping into local innovation. Volkswagen Anhui’s CEO emphasises the ‘in China for China’ strategy, highlighting the focus on leveraging local strengths and customer needs.