Volkswagen pumps 2 billion euros into China electric vehicle bet
U.S. · WORLD
May 29, 20202 min read419 words
Published: May 29, 2020  |  2 min read419 words
By , The deals come as global rivals such as General Motors, Toyota and Tesla Inc seek to expand electric sales in the Chinese car market.Volkswagen said it will invest 1 billion euros to take a 50% stake in the state-owned parent of Anhui Jianghuai Automobile Group (JAC Motors),...
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