Exclusive: Volkswagen to buy 20% of Chinese battery maker Guoxuan amid electric push
HONG KONG/BEIJING (Reuters) – Volkswagen AG (VOWG_p.DE) is set to take a 20% stake in Chinese electric vehicle battery maker Guoxuan High-tech Co Ltd (002074.SZ), two sources told Reuters, as the German firm accelerates its electric push into the world’s largest auto market. The deal would mark Volkswagen’s first direct>>>