Executives from FAW-Volkswagen (FAW-VW) discussed automotive industry trends and engaged with students during a forum at Tsinghua University in Beijing on Oct. 25.

Participants gather at Tsinghua University in Beijing during FAW-Volkswagen's industry vision presentation to students, Oct. 25, 2024. [Photo courtesy of FAW-VW]

A joint venture between FAW Group and Volkswagen Group, FAW-VW plays a crucial role in the Volkswagen Group's "In China, For China" strategy. Since its establishment in 1991, FAW-VW has created nearly 500,000 jobs and generated more than 700 billion yuan ($98 billion) in tax revenue, contributing greatly to China's automobile industry.

Dr. Oliver Gruenberg, vice president of technology at FAW-VW, emphasized the company's commitment to sustainable development and innovation in his speech.

"FAW-VW actively responds to the national 'dual carbon' call, implementing full lifecycle carbon reduction through practical actions in green research and development, green supply chain, green production, green logistics, and green product use," said Gruenberg. 

Gruenberg praised China's rapidly expanding new energy vehicle industry and emphasized the importance of green transformation in driving sustainable growth.

FAW-VW Vice President of Technology Oliver Gruenberg addresses students at Tsinghua University in Beijing, Oct. 25, 2024. [Photo courtesy of FAW-VW]

Gruenberg highlighted research and development (R&D) and innovation as crucial elements of the automotive sector's future. He detailed FAW-Volkswagen's achievements in localized R&D, intelligent manufacturing and quality assurance, while forecasting AI-enabled autonomous driving as the industry's next major advancement.

During the forum, FAW-VW executives answered questions from Tsinghua University students on topics ranging from career opportunities to industry developments.

Cheng Wanli, human resources director at FAW-VW, stressed the company's people-oriented approach and its commitment to attracting and developing top talent.

Cheng Wanli, human resources director at FAW-VW, addresses students during Times forum at Tsinghua University in Beijing, Oct. 25, 2024. [Photo courtesy of FAW-VW]