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Volkswagen Takes $700 Million Xpeng Stake for EV Pact to Win Back China

(Bloomberg) Volkswagen AG plans to invest $700 million in Xpeng Inc. and jointly develop electric vehicles in China as the German automaker fights to halt a sales slide in its most important market.Most Read from BloombergPowell Has Stopped Handing Gifts to Wall Street on Fed DayHunter Biden Plea Deal in Limbo After Judge Questions TermsFed Raises Interest Rates to 22-Year High, Leaves Door Open for MoreSubway Offers Free Sandwiches That Come With a Lifetime CommitmentMitch McConnell Freezes

VW Takes $700 Million Xpeng Stake for EV Pact to Win Back China

VW Takes $700 Million Xpeng Stake for EV Pact to Win Back China
bloomberg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloomberg.com Daily Mail and Mail on Sunday newspapers.

Volkswagen Takes $700 Million Xpeng Stake for EV Pact to Win Back China

Volkswagen Takes $700 Million Xpeng Stake for EV Pact to Win Back China
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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