Foreign and Chinese carmakers are stepping up their investments to develop new-energy vehicles that will meet Beijing’s heightened requirement to reduce pollution. New-energy cars are seen parked in a Wuhan parking lot. Photo: AFP
Volkswagen heats up battle in China’s green vehicles market with US$12b investment
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Volkswagen
Foreign and Chinese carmakers are stepping up their investments to develop new-energy vehicles that will meet Beijing’s heightened requirement to reduce pollution. New-energy cars are seen parked in a Wuhan parking lot. Photo: AFP