Teller Report

Now you can see non-English news...

'Volkswagen takes an interest in Chinese battery producer'

2020-01-17T11:37:28.277Z

Volkswagen wants a 20 percent stake in Guoxuan High-tech Company, a Chinese manufacturer of battery packs for electric cars. Reuters news agency reports based on sources.



Volkswagen wants a 20 percent stake in Guoxuan High-tech Company, a Chinese manufacturer of battery packs for electric cars. Reuters news agency reports based on sources.

According to two insiders, the deal will be settled in the coming weeks. The agreement may involve an amount of $ 560 million, or € 504 million.

Volkswagen refused to respond, while no response from Guoxuan had yet arrived at Reuters at the time of publication. Volkswagen is already purchasing from another Chinese producer, Contemporary Amperex Technology (CATL).

Also check AutoWeek.nl

Source: nunl

You may like

Tech/Game 2019-09-09T18:50:27.768Z

Trends 24h

Latest

tech 2020/03/28    

© Communities 2019 - Privacy