Core Insights - FAW-Volkswagen has set a new strategic goal for 2030 after achieving its target of 30 million units in production and sales, focusing on a dual-fuel strategy with nearly 30 new products, including over 20 electric vehicles in the next five years [1][5] Group 1: Product Development - FAW-Volkswagen plans to launch 11 new models under a strategic cooperation agreement with Volkswagen Group, including 10 models from the Volkswagen brand starting in 2026, with 9 being electric vehicles [1][2] - The new electric models will cover entry-level to mid-range markets, with 6 pure electric models, 2 plug-in hybrids, 2 range-extended models, and 1 fuel model [1] - The CMP and CSP platforms will be used for the new electric products, enhancing development speed by over 30% [2] Group 2: Performance and Technology - The new hybrid models will feature a pure electric range exceeding 300 km and a fuel consumption of less than 4L/100km, while pure electric models will have a range exceeding 800 km [4] - FAW-Volkswagen aims to enhance the intelligence of fuel vehicles, with a roadmap for advanced driving features that will cover 90% of urban scenarios and 95% of highway scenarios by 2026 [4][5] - The CEA electronic architecture will improve product integration by 30%, reduce costs by 40%, and shorten development cycles by 30%, supporting L3 conditional autonomous driving [5] Group 3: Market Expansion and Sales Goals - FAW-Volkswagen plans to invest 10 billion yuan annually in R&D to accelerate its electrification transformation and shorten project cycles by over 50% [5] - The Jetta brand is a key part of the strategy, targeting annual sales of 400,000 to 500,000 units in the next five years [5] - The company aims for a production and sales target of 2 million units annually, with a focus on maintaining profitability and technological leadership in the joint venture sector [6]