Jetta and Leapmotor launch cooperation negotiations, FAW-Volkswagen participates

According to a report from the Financial Associated Press on August 2, FAW-Volkswagen’s Jetta brand is negotiating cooperation with China’s new power car company Leapmotor. According to sources, FAW has released documents internally. If the cooperation is successful, Jetta will focus on the economical electric vehicle market and may acquire a certain generation of platform technology from Leapmotor

FAW-Volkswagen and Leapmoor The cooperation method is different from the previous cooperation with Xiaopeng. FAW-Volkswagen plans to advance the cooperation by purchasing a certain generation of platform technology of Leapmotor. Leapa Motors recently released a centrally integrated electronic and electrical architecture called "Four-leaf Clover", covering core areas such as batteries, electric motors, electronic control systems, intelligent driving and smart cockpits. These technological outputs are expected to become Leapao's first Two sources of profit

#According to the editor’s understanding, Leapmotor is negotiating technical cooperation with overseas companies. Once cooperation is reached, it will become the first emerging car company in China. Enterprises that export technology overseas

This cooperation brings opportunities and challenges to the Jetta brand and Leapmotor. The Jetta brand can take advantage of Leopao's technological advantages to enhance its competitiveness in the economical electric vehicle market. At the same time, Leapao also has the opportunity to obtain more benefits through technology output and further consolidate its position in the field of new energy vehicles

However, the specific details of the cooperation and the roles of both parties have not yet been made public. Although Leapmotor's share price rose briefly after the news broke, the market is still concerned about the final results of this cooperation and its impact on the business development of both parties. As China's new energy vehicle market continues to develop, this kind of cooperation may become a common phenomenon among more car companies in the future

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