Volkswagen invests $700 million in Chinese EV maker Xpeng to boost sluggish sales

0 minutes, 13 seconds Read

Volkswagen has bought nearly 5% of Chinese electric vehicle maker Xpeng for $700 million and agreed a strategic partnership to develop two new models as it attempts to reverse a decline in sales in the world’s biggest car market. 

Article Source: Latest From CNN Read More 

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *