ChinaVirtuoso

Didi Chuxing's new joint venture with Volkswagen China is set to come online in the coming months.

According to Didi, the two parties will coordinate their respective strengths in products, marketing, brand building, and data technology to provide Chinese users with safer and more efficient transportation services. As long-term strategic partners, they will also combine their innovative resources to work towards an "Internet Plus" strategy and promote the development of smart city transportation system.

The new joint venture aims to create a smart ride-hailing platform. Jochem Heizmann, chief executive officer of Volkswagen China, said Volkswagen will be the OEM and vehicle provider in the JV. Heizmann also revealed that Volkswagen will provide a large number of new energy cars for the cooperation.

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