Volkswagen announced on Thursday plans to invest 2.5 billion euros in China to expand its production and innovation hub in the city of Hefei in Anhui Province..
German premium carmakers took a further hit to their Chinese sales in the first quarter, data from the companies showed on Wednesday, with Porsche and Mercedes-Benz also struggling with supply.
BMW and Croatia s
Rimac have agreed to partner on high-voltage electric vehicle
battery technology, they said on Tuesday, a European tie-up
aimed at challenging Asian dominance in the field. .
Top German CEOs join Scholz s China trip despite de-risking push | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
Volkswagen wants
to avoid setting utopian goals for its market share in China,
its CEO told German newspaper FAZ on Friday, adding that
anything above 10% was very respectable given the.