Volkswagen Audi Forge Strategic E-Mobility Partnerships In China With XPENG And SAIC

Volkswagen gained a 4.99% stake and a seat on the board of directors in XPENG by investing $ 700 Million, and Audi signed a memorandum with SAIC.
Volkswagen gained a 4.99% stake and a seat on the board of directors in XPENG by investing $ 700 Million, and Audi signed a memorandum with SAIC.