JAG

Activity by year

2020202120222023202420252026

Investment

Jun 1, 2020INVESTMENTAnhui province, China$1.12B
Volkswagen invests €1B in JAC Volkswagen and Gotion High-Tech in China
Volkswagen plans to invest around €1 billion to increase its stake in JAC Volkswagen from 50% to 75% and acquire a 26% stake in battery manufacturer Gotion High-Tech Co., Ltd. The deal includes an investment in JAG, the parent company of JAC, and is expected to close by end of 2020.
Volkswagen investor JAC Volkswagen target JAG target Gotion High-Tech target #Automotive Components renewableenergymagazine.com
May 29, 2020INVESTMENTHefei, Anhui, China$2.20B
Volkswagen invests €2 billion in China for electrification
Volkswagen plans to invest around €1 billion to increase its stake in JAC Volkswagen from 50% to 75% and acquire 50% of JAG, and separately invest €1.1 billion to acquire a 26% stake in battery manufacturer Gotion High-Tech.
Volkswagen Guoxuan High-tech target JAC Volkswagen target JAG target Gotion High-Tech target Anhui Jianghuai Automobile Group (JAC Motors) target #Automotive Components paultan.org carscoops.com

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