# 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.

- Type: Acquisition
- Announced: 2020-12-07
- Where: Anhui, China
- Value: $1.21B (1.00B EUR)
- Status: completed
- Products: electric vehicles
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Volkswagen](https://endata.com/companies/533.md) (acquirer)
- [JAC](https://endata.com/companies/22281.md) (target)
- [Anhui Jianghuai Automobile Group Holding](https://endata.com/companies/37669.md) (partner)
- [JAC Volkswagen Automotive Company](https://endata.com/companies/51675.md) (target)

## Sources

- [web.archive.org](https://web.archive.org/web/20240522032419/https:/www.just-auto.com/news/vw-completes-majority-acquisition-of-jac-vw/), 2020-12-07: "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)."
- [electrive.com](https://www.electrive.com/2020/12/08/vw-takes-over-majority-of-joint-venture-with-jac/), 2020-12-08: "Volkswagen Anhui is a promise for stronger partnership and e-mobility power in China."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.