Tag: AudiSAIC
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VW Group Takes 5% Stake In XPeng, Reveals Extra On Audi-SAIC Deal
Volkswagen Group has taken a 5 p.c stake value $700 million in EV startup XPeng in a shock transfer that is a part of the German firm’s efforts to strengthen its place on the Chinese language automobile market. Along with the XPeng deal, Volkswagen Group has launched extra particulars on the cooperation deal between Audi…