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Volkswagen pumps 2 billion euros in two Chinese NEV firms

German automakerVolkswagen AG (VW) said on Friday it has agreed to invest 2.1 billion euros (2.33 billion U.S. dollars) in two separate Chinese electric vehicle players.Drawing wide attention, the mo

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BizTalk: VW says no to spin-off strategy, is bullish on Chinese market

02:00 The energy transition has come at a time when the global automotive industry is slowing. Traditional original equipment manufacturers face pressure from multiple fronts. How do t