Chinese transportation and online mobility specialist Didi Chuxing has formed a 'strategic partnership' with Volkswagen in China.

Didi has formed 'strategic partnerships' with a number of companies, including Toyota.

Cheng Wei, founder and CEO of Didi Chuxing, said: "China is the world's largest and fastest-growing mobile transportation market. DiDi is helping building more vibrant and dynamic cities through seamlessly connecting the full range of transportation options on its dynamic intelligent dispatch platform. The long-term strategic cooperation with Volkswagen Group (China) will enable us to join strengths in meeting the diversified mobility needs of the Chinese people, and to contribute innovative transportation, environmental and employment solutions in support of the ongoing supply-side reform in China's transportation industry."

"Volkswagen Group drives the transformation from a car manufacturer to a people-centered provider of sustainable mobility according to our TOGETHER – Strategy 2025. To reach this goal we will forge cooperation with strong partners from different sectors of the trend-setting mobility services in China, said Prof. Dr. Heizmann, Member of the Board of Management of Volkswagen AG as well as President and CEO of Volkswagen China. He added: "The strategic partnership we established with DiDi is an important step in Volkswagen Group China's strategy to create mobility services and continue to excite its millions of Chinese customers."

As a practitioner in the sharing economy initiative, DiDi says it is working with communities and partners on its collaborative platform to provide innovative, diversified mobility solutions. Building on its data-driven deep-learning capabilities, DiDi maintains it is committed to an open, efficient, collaborative, and sustainable transportation ecosystem in line with 'China's new innovation-based national growth strategy'.

Didi provides app-based transportation services, including taxi hailing, private car hailing, social ride-sharing and bike sharing; on-demand delivery services; and automobile services, including sales, leasing, financing, maintenance, fleet operation, electric vehicle charging and co-development of vehicles with car companies.

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