With a difficult market in Europe, VW will invest around €2bn to develop EVs in (and for) China, where the market is showing signs of recovery.Concretely, VW will spend €1.1bn to become the largest shareholder (26%) in a Chinese manufacturer of electric batteries, Guoxuan High-Tech. To this investment is added a pour of €1bn aimed…
Volkswagen Accelerates China EV Push

Philippe Aumont
Philippe Aumont is a highly experienced executive with almost 40 years in the automotive interior supplier industry. Both engineering & business graduate, completed by many general management programs. He acted as Chief Technology Officer at Faurecia Seating, between 2011 and 2017. Previously he worked for Roth Frères, Johnson Controls and Faurecia, with various position in R&D, Marketing, Strategy, new product development, Open Innovation, start-ups, university, and earlier in JIT, Production, Program Management, Costing, Sales… with permanent assignment in France, Belgium, The Netherlands and Germany, and frequent travels in the US, Japan, China & India. Philippe is board member at SIA (Society of Automotive Engineers in France), and Ecole Centrale de Nantes (Engineering school). Philippe is passionate about automotive product and business model reshuffling (Autonomy, Connectivity, New Energy, Environment, and Car sharing), Innovation culture, organization, Technology scouting, Start-ups, Occupant-centric Design (Comfort, Perceived Quality, HMI, Cognitive…)