Caixin
May 11, 2018 06:37 PM
BUSINESS & TECH

Volkswagen Eyes Ride With Didi

A Volkswagen model sits on display at an auto show in Beijing in April 2008. Photo: IC
A Volkswagen model sits on display at an auto show in Beijing in April 2008. Photo: IC

Volkswagen AG, the world’s biggest automaker, is in talks to form a joint venture with China’s Didi Chuxing Technology Co. to manage part of the ride-hailing company’s fleet and help develop “purpose-built” vehicles for Didi’s services.

As part of the deal between Volkswagen and China’s biggest ride-hailing service, expected to be signed early next month, the German automaker will initially manage a fleet of about 100,000 new vehicles for Didi, of which two-thirds will be Volkswagen Group cars, said a senior executive at the carmaker.

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