German car giant Volkswagen says it aims to export at least 300,000 vehicles made in China each year by 2030, along with technologies it is developing there.

Europe’s biggest carmaker has been mired in crisis due to Chinese competition, weak demand in key markets and a choppy electric transition, and has launched a major job-cutting drive.

“Together we plan to export at least 300,000 cars a year by 2030, but our ambition goes beyond exporting vehicles,” said Ralf Brandstätter, head of Volkswagen Group China, on Wednesday during a trip to Hefei in eastern China, where the firm operates a large R&D centre.

Volkswagen said that for the first time it will also export technology developed in Hefei to other parts of Asia, the Middle East and South America—though not to Europe for now. This includes the vehicles’ electronic architecture, developed with the help of Chinese company Xpeng, as well as its platform and driver-assistance system, produced with China’s Horizon Robotics.

The German firm hopes these innovations will help it overcome fierce competition and sluggish growth in China and other markets. “What we develop in China makes Volkswagen more competitive around the world,” Brandstätter said. “China-developed technologies are becoming a key part of the global setup of Volkswagen Group and a strategic advantage.”

The carmaker struck a deal with unions in September to cut 50,000 additional jobs by 2030, bringing its total planned workforce reduction to around 100,000. Volkswagen’s reputation also remains clouded by a massive 2015 fraud scandal, uncovered when California regulators found it had installed illegal software on millions of diesel-powered cars to cheat emissions tests.

Rival Mercedes-Benz on Tuesday became the third of Germany’s big three carmakers—alongside Volkswagen and BMW—to issue a profit warning for the year, citing difficulties in China.