Volkswagen is making a big move in China by investing $3.5 billion in a research and development center in the low-key ...
The German carmaker, which once dominated the market with a more than 50% share, has invested 3 billion euros ($3.5 billion) ...
Volkswagen, which once had 50 per cent of China’s vehicle market, has invested €3 billion in its largest R&D centre outside its home country in Hefei.
As the Chinese market has gone electric, foreign carmakers’ share of it plummeted from 62% in 2020 to 35% last year. VW has ...
German carmaker Volkswagen is withdrawing from its controversial involvement in a factory in China's Xinjiang province, which has attracted criticism over alleged human-rights abuses of the Uighur ...
Volkswagen aims to reduce the cost of developing EV in China by up to 50% following the full commissioning of its new test centre in Hefei.
From cost-competitive engineering hubs to retail regulatory roadblocks and sold-out entertainment — China’s changing role in ...
Volkswagen plans $186 billion in investments through 2030 as it cuts spending and refocuses on Europe amid mounting pressure ...
VW’s investments in China contrast with its sweeping job cuts at its German plants, where production costs are higher. Under a deal agreed with unions last year, the carmaker plans to reduce the ...
The European Commission said on Thursday it was reviewing tariffs on Volkswagen's electric vehicles built in China, which the ...
As the top market for the Volkswagen Group, China will be getting plenty of attention in coming years when it comes to vehicle production starting with an all-new plant in Foshan. The new plant ...
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