JAC Motor says China approves electric vehicles venture with VW

Reuters

Published May 22, 2017 11:36

JAC Motor says China approves electric vehicles venture with VW

BEIJING (Reuters) - Anhui Jianghuai Automobile Group (JAC Motor) (SS:600418) said on Monday it has received approval from Chinese regulators to form a joint venture with German automaker Volkswagen AG (DE:VOWG_p) to make electric vehicles, according to a stock exchange filing.