VW Exploring BEV Venture With China’s JAC Motor
Volkswagen AG signed a preliminary deal with China’s Anhui Jianghuai Automobile (JAC Motor) to explore making electric vehicles in a new joint venture, the two automakers said on Wednesday. The two sides are studying the feasibility of a joint venture and aiming to sign a formal agreement within five months, JAC Motor said in a stock exchange filing. Volkswagen VLKAY
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