Volkswagen plans electric vehicle plant with JAC in China: local government

April 25, 2019 admin Business News Comments Off on Volkswagen plans electric vehicle plant with JAC in China: local government

German automaker Volkswagen AG’s joint venture with China’s Anhui Jianghuai Automobile Co (JAC) plans to invest 5.06 billion yuan ($750.8 million) in a new electric car factory in eastern Hefei city, according to local authorities.

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Source:: Reuters – Business News