Reporters from the development zone was informed that the day before, Tianjin Development Zone and the Volkswagen Group (Chinese) signed a memorandum, and Volkswagen automatic transmission (Tianjin) Co., Ltd. investment reached a cooperation agreement on the APP290 motor power project, marking the Volkswagen and a blockbuster project located in the Development Zone, investment amounting to 1 billion 149 million yuan.
According to reports, Volkswagen automatic transmission (Tianjin) Co., Ltd. will use the existing plant and production lines to build APP290 power motor project. Project is expected to be completed in December 2018, with production conditions, the annual capacity of 120 thousand units. APP290 power motor by Volkswagen Group independent research and development, will become the Volkswagen Group in the Chinese market for the first power motor.
As a new energy automobile accessory power motor, APP290 motor motor fuel toreplace machine is driven by the motor to power a car, the car gearbox will no longer need to be equipped with any type, has the characteristics of high technology, low consumption, energy saving and emission reduction, and compact installation space, light weight, low price. Compared with the traditional transmission, APP290 power motor products exhaust emissions is zero. It is understood that the public transmission since 2012 in Tianjin Development Zone since its inception, many capital increase production capacity, the production of Volkswagen DQ380, DQ500, DL382, DQ381 and DQ400e transmission projects. As of June this year, the public transport company in Tianjin Development Zone investment has reached 16 billion 445 million yuan.