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VW and BYD Partners on Hybrids and EVs

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Volkswagen and BYD have signed a memorandum of understanding to explore the options for partnership in the area electric vehicles and hybrids that use lithium-ion batteries.

The agreement signed the agreement last week during a BYD visit to Volkswagen by Chairman of the Board of Management of Volkswagen AG, Dr. Martin Winterkorn, and Chairman of the Board of Management of BYD.

The visit, which took place first at the Elektrotraktion Technology Centre in Isenbüttel and then at the test tracks in
Wolfsburg, featured technical discussions and test drives with a variety of vehicles such as the Golf twinDrive and the prototype for an electric vehicle.

"Volkswagen will consistently expand its successful ‘BlueMotionTechnologies’. Hybrids and electric vehicles will play an increasingly important role, of course. Particularly for the Chinese market, potential partners such as BYD could support us in quickly expanding our activities," emphasised Dr Hackenberg.

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