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The Volkswagen produces more than 2 billion euros in electric cars in China

Volkswagen will take a controlling stake of 75% in its Chinese joint venture partner, A, as in the German group, on Friday announced. Therefore, it is an invest

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The Volkswagen produces more than 2 billion euros in electric cars in China

Volkswagen will take a controlling stake of 75% in its Chinese joint venture partner, A, as in the German group, on Friday announced. Therefore, it is an investment of 1 billion euros. Also, Volkswagen has an interest in the Gotion of the High-Tech Company, a manufacturer of accupakketten.

A Volkswagen builds the so-called New-Energy Vehicles, the cars that are in part or in full possible to be. Over the next five years, five new all-electric models on the market. In addition, the company is setting up a plant for electric cars to build.

Volkswagen also has a share of 26 per cent in the Gotion, which was 1.1 billion euros required. The mark is the second-largest shareholder. In the longer term, Gotion accupakketten be able to supply for the electric vehicles made by Volkswagen, in China.

also, take a Look at the AutoWeek.nl