Exclusive: Volkswagen to buy 20% of Chinese battery maker Guoxuan amid electric push - sources

Exclusive: Volkswagen to buy 20% of Chinese battery maker Guoxuan amid electric push - sources

Reuters

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Volkswagen AG is set to take a 20% stake in Chinese electric vehicle battery maker Guoxuan High-tech Co Ltd, two sources told Reuters, as the German firm accelerates its electric push into the world's largest auto market.

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