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Volkswagen ups stake in JAC Volkswagen, acquires 26% stake in battery maker Gotion High-Tech

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Acquisition, divestment & Spinoff

Volkswagen has invested a combined EUR2 billion in the new acquisitions

In a press release dated 29 May, Volkswagen has confirmed that it has increased its stake in its joint venture (JV) JAC Motors, JAC Volkswagen, from 50% to 75%.

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