Volkswagen Transmission Tianjin Joins Hands with Inovance Automotive

Recently, the cooperation signing ceremony between Volkswagen Automatic Transmission (Tianjin) Co., Ltd. and Suzhou Inovance Automotive Co., Ltd. was held in TEDA. According to the agreement, Volkswagen Transmission Tianjin will enter into a supply partnership with Inovance Automotive for power motor gear shaft projects and plans to make additional investments in Tianjin to continuously enrich its new energy product portfolio.

As one of Volkswagen Group’s key parts production and R&D bases in China, Volkswagen Transmission Tianjin has successfully deployed several power motor products in recent years. Suzhou Inovance Automotive Co., Ltd. is a globally leading supplier of core components for new energy vehicles, focusing on the R&D, manufacturing, and sales of intelligent electric vehicle components and solutions. Moving forward, both parties will leverage their respective advantages in technological innovation and industrial resources to deepen collaboration between upstream and downstream within the industrial chain, jointly enhancing their core competitiveness in the new energy sector.