On January 17, FAW-Volkswagen held its 2022 annual press conference. The members and secretaries of the Chinese and foreign economic management committees of FAW-Volkswagen Co., Ltd., and the relevant leaders of Volkswagen, Audi and Jetta brands, jointly reviewed the development process of FAW-Volkswagen's new transformation in 2021, looked forward to the 2022 development plan, and conducted in-depth exchanges and discussions on the comprehensive deepening and transformation and upgrading of China's automobile industry in the current era.
According to the data released by the Association on January 11, 2021, the cumulative retail sales of passenger cars in mainland China reached 20.146 million units, an increase of 4.4% year-on-year. As the largest automobile enterprise in China in terms of production and sales of passenger cars, FAW-Volkswagen focuses on user needs, grabs resources and guarantees production throughout the system, coordinates multiple parties to ensure chip supply, quickly and efficiently adjusts production plans in real time, and hits a record high with a single-day production peak of 10,777 units, and finally achieves annual production of more than 1.7 million vehicles, delivers 1.858 million new cars to users throughout the year, and wins the industry championship in production and sales, and the role of FAW-Volkswagen's industry ballast stone is further highlighted.
Looking forward to the future, FAW-Volkswagen will continue to exert the exemplary power of digital and intelligent transformation and innovative development, adhere to the user-centered, deepen the transformation and growth of high efficiency, continue to maintain the scale of production and marketing of enterprises in the first place in the industry, and provide high-quality travel services for the majority of users.
In the past 30 years, FAW-Volkswagen has exported a huge amount of momentum to China's economy, society and automobile industry, and has also gained the support and trust of users, dealer supplier partners and media friends. Driven by a series of industrial policies, China's auto industry is ushering in new opportunities in the midst of major changes, and the FAW-Volkswagen Sino-German team will continue to deepen cooperation, achieve win-win progress, and open a new chapter in the sustainable development of China's automotive joint ventures.
In 2021, FAW-Volkswagen launched a system-wide digital and intelligent transformation, streamlined traditional business organizations, and established a DTO digital transformation office; cooperated with Huawei and Alibaba to cultivate digital talents; took users as the center to reconstruct end-to-end business processes; and expanded OTD online customized vehicles to Volkswagen and Audi, shortening the delivery cycle by nearly 30%.
In the field of technology, it has completed and put into use a new energy center and a new technology development center with a total investment of nearly 1.2 billion yuan, which has greatly improved the development and testing capabilities of FAW-Volkswagen in terms of new energy vehicles and vehicle performance, and further consolidated the advantages of FAW-Volkswagen in the field of technological innovation in the future.
Looking forward to the future, in the context of the automotive industry facing major changes unprecedented in a century, 2022 will usher in the 50th anniversary of the establishment of diplomatic relations between China and Germany, and FAW-Volkswagen will also enter a new stage of enterprise development. FAW-Volkswagen will continue to play the leading role of industry leaders, give full play to the exemplary power of digital and intelligent transformation and innovation and development, adhere to the user-centric, deepen the transformation and growth of high efficiency, continue to maintain the scale of enterprise production and marketing in the first place in the industry, and provide high-quality travel services for the majority of users.