Volkswagen’s EV Gambit in China Makes Sense - News Summed Up

Volkswagen’s EV Gambit in China Makes Sense


Its partnership with startup Xpeng is a sign of things to come in the world’s largest automobile market. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. The Hottest Real-Estate Play Is in Your Neighborhood Unglamorous strip centers are signing leases faster than tenants can move in. EV stocks get a broad boost from VW’s purchase of 5% stake in XPengShares of electric-vehicle makers got a broad boost Wednesday as investors cheered Volkswagen AG's $700 million investment in China-based XPeng Inc.


Source: Wall Street Journal July 28, 2023 06:55 UTC



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