Caixin China Biz Roundup: Volkswagen’s $700 Million Investment in EV-Maker XPeng

Jul.28.2023

Volkswagen’s China JV to develop plug-in hybrids for local market, while Toyota’s China venture slashes 1,000 jobs amid slow transition to electrification

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On today’s podcast:

Volkswagen Takes $700 Million Xpeng Stake for EV Pact to Win Back China

Volkswagen’s China Joint Venture to Develop Plug-in Hybrids for Local Market

Toyota’s China Venture Slashes 1,000 Jobs Amid Slowing Sales

Chinese Battery Material Supplier Expands in South Korea

China to Resume 15-Day Visa-Free Entry for Singaporeans

Singapore Passport Is World’s Most Powerful, Replacing Japan

Citic to Cut Costs by Relocating Hong Kong Bankers to Mainland, Sources Say

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