Volkswagen pumps 2 billion euros into China electric vehicle bet, buys stakes in two firms

BEIJING/HONG KONG (Reuters) – Volkswagen AG (VW) (VOWG_p.DE) said on Friday it has agreed to invest 2.1 billion euros ($2.33 billion) in two separate Chinese electric vehicle players, upping its bet on the world’s biggest auto market as international rivals … Continue reading Volkswagen pumps 2 billion euros into China electric vehicle bet, buys stakes in two firms