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Volkswagen Pours More Than $2 Billion Into China’s Electric-Car Industry

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Volkswagen is investing more than $2 billion in a Chinese auto maker and a battery producer in its latest bet on the country's electric-vehicle sector

SHANGHAI—Volkswagen AG is investing €1 billion in a Chinese auto maker and a further €1.1 billion in a local battery producer, the company said Friday, in the latest bet by the German auto maker on the Chinese electric-vehicle sector.

Volkswagen is increasing its stake in an existing joint venture with JAC Motors to 75% from 50% through the acquisition of half of JAC’s parent company, state-owned Anhui Jianghuai Automobile Group. The joint venture focuses on electric vehicles.

 

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They are no longer the cars of the people. they are cars against freedom and human rights. FreeUyghur HongKongProtests

Stupid

Volkswagen people are a joke. Thinking of short term profit at the expense of more serious long term consequences.

what's the matter between you and China? did China invade your country? did Chinese insult you? where does this hatred come from? I am very curious.

JChengWSJ ccp says thank you, and your execs are potential hostages

Fucking idiot Volkswagen

aaannnd already imaged on the www [😜] $tsla $vwagy

China is the biggest market in this planet ,no one will ignore it .business is business .

Loco este Volkswagen. Noay man boycottc conel China. Better boycott all cars made in China!

Short Tesla?

Volkswagen stay with china!

bet尼玛bet，人家投资就是bet？ 这报纸也是傻逼玩意。 那你也来bet一下么？

Covid-19 was an unintentionally fault.

Cool

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