Volkswagen completes acquisition of additional 25% stake in JAC-VW joint venture

Volkswagen AG completed the acquisition of an additional 25% stake in its Chinese EV joint venture JAC Volkswagen Automotive Company, as disclosed in a filing by JAC Motors.

“Volkswagen AG has completed the acquisition of an additional 25% stake in its Chinese electric vehicle (EV) joint venture JAC Volkswagen Automotive Company, according to a filing with the Shanghai Stock Exchange by its Chinese partner Anhui Jianghuai Automobile Group Holdings (JAC Motors).”web.archive.org

• 2 sources
• web.archive.orgVW completes majority acquisition of JAC-VW - Just AutobcusackDec 7, 2020
• electrive.comVW takes majority stake in joint venture with JAC - electrive.comChris RandallDec 8, 2020

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