VW joins Tsinghua for a view of the auto future

Agreement to study challenges from dwindling oil, urban density

BEIJING - Volkswagen Group is looking far beyond its immediate goal of selling more cars in China as it considers future of mobility and new business models in the world's biggest auto market.

The company last week signed a memorandum of understanding with Tsinghua University's School of Economics and Management (SEM) to jointly cultivate innovative talent and cooperate on extensive automotive-related research.