VW expands China presence by inking artificial intelligence joint venture with Beijing’s Mobvoi

Beijing AI firm just five years old, but has already developed a series of cutting-edge auto products based on voice recognition technology

Volkswagen China Investment has inked a strategic partnership with Mobvoi, which includes investing US$180 million in a 50:50 joint venture between the two firms . Photo: EPA

Volkswagen has invested US$180 million in a Chinese artificial intelligence start-up, as the German company bets big on so-called “smart mobility solutions” for its next generation of cars.

The latest investment pushes total funding secured by Beijing-based Mobvoi to US$250 million with other investors including Google, Sequoia and Zhenfund.

Print option is available for subscribers only.
SUBSCRIBE NOW
Copyright © 2025 South China Morning Post Publishers Ltd. All rights reserved.