Volkswagen unveils its ID concept electric sport utility vehicle during the Auto Shanghai 2019 show in Shanghai in April of last year. Photo: AP
Volkswagen expands in China with US$2.2 billion investment in electric vehicle sector
- The German car giant will take a 50 per cent stake in state-owned Anhui Jianghuai Automobile Group Holdings
- It will also buy a 26 per cent share of Chinese battery supplier Gotion High-Tech
Follow your favourite topic and get notified
Volkswagen unveils its ID concept electric sport utility vehicle during the Auto Shanghai 2019 show in Shanghai in April of last year. Photo: AP
