Volkswagen to build electric vehicle plant with JAC in China: local government

German automaker Volkswagen AG's joint venture with China's Anhui Jianghuai Automobile Co (JAC) plans to invest 5.06 billion yuan ($750.83 million) in a new electric car factory in the eastern Chinese city of Hefei, according to local authorities.

from Reuters: Technology News https://reut.rs/2XBkYHM