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VW closes in on $1 billion JV with Chinese chipmaking startup

Bloomberg NewsbyBloomberg News
October 12, 2022
in Technology
Reading Time: 2 mins read
0

Volkswagen AG is close to reaching a joint venture deal with Chinese autonomous driving startup Horizon Robotics Inc. that could see the auto giant make an investment of about $1 billion, according to a person familiar with the situation. Talks between the two parties are at an advanced stage, the person said, asking not to […]

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