Volkswagen AG said on Monday it and three local joint ventures plan to invest around 15 billion euros ($17.44 billion) in electric mobility in China, the world's biggest car market, between 2020 and 2024.
FILE PHOTO: A logo of German carmaker Volkswagen is seen on a car parked on a street in Paris, France, July 9, 2020. REUTERS/Christian Hartmannsaid on Monday it and three local joint ventures plan to invest around 15 billion euros in electric mobility in China, the world's biggest car market, between 2020 and 2024.
With the investment by Volkswagen and its three joint ventures with FAW Group [SASACJ.UL], SAIC Motor
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