Volkswagen and JAC launch new JV for electric cars for mass market in China; 1st vehicle in 2018

Green Car Congress
By mmillikinJun 2, 2017, 5:49 am204 pts
In the presence of Federal Chancellor Angela Merkel and Chinese Premier Li Keqiang in Berlin, Volkswagen signed a joint venture agreement with the Chinese automaker Anhui Jianghuai Automobile (JAC). Each of the partners is to hold a 50% stake in the new company. The new joint venture, which has initially been…

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