Report
Volkswagen reportedly plans India overhaul amid proposed JSW joint venture
The Economic Times reports Volkswagen plans two locally assembled electric vehicles within two years.
TLDR
The Economic Times reports Volkswagen is preparing to overhaul its India strategy after signing a nonbinding memorandum to negotiate a joint venture with JSW. Skoda Auto acting CEO Holger Peters told employees the plans cover parts purchasing, production, vehicle launches and dealer expansion. He said Volkswagen plans two locally assembled electric vehicles within two years and aims to conclude the venture before mid-2027.
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