https://www.bloomberg.com/news/articles/2023-07-26/vw-takes-700-million-xpeng-stake-for-ev-pact-to-win-back-china
Bloomberg.com
Volkswagen Takes $700 Million Xpeng Stake for EV Pact to Win Back China
Volkswagen AG plans to invest $700 million in Xpeng Inc. and jointly develop electric vehicles in China as the German automaker fights to halt a sales slide in its most important market.
