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 […]