Exclusive: Volkswagen to buy 20% of Chinese battery maker Guoxuan amid electric push - sources

Volkswagen AG is set to take a 20% stake in Chinese electric vehicle battery maker Guoxuan High-tech Co Ltd, two sources told Reuters, as the German firm accelerates its electric push into the world's largest auto market.

Exclusive: Volkswagen to buy 20% of Chinese battery maker Guoxuan amid electric push - sources
Volkswagen AG is set to take a 20% stake in Chinese electric vehicle battery maker Guoxuan High-tech Co Ltd, two sources told Reuters, as the German firm accelerates its electric push into the world's largest auto market.