Tags: Anhui Jianghuai Automobile Co

Volkswagen, JAC to invest over USD 750 million in new electric car factory

Volkswagen AG‘s joint venture with China’s Anhui Jianghuai Automobile Co (JAC) is reportedly gearing up to invest $750.83 million in a new electric car factory in the eastern Chinese city of Hefei. Reuters citing a document posted online by the Hefei Economic and Technological Development Area reports that Volkswagen and JAC has already obtained approval […]

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