By Pietro Lombardi

Volkswagen AG and startup Shanghai DU-POWER New Energy Technical Co., Ltd are partnering to produce flexible quick-charging stations in China, the German car maker said Wednesday.

The parties are launching a joint venture, in which they will each have a 50% stake. The company, which will be based near Shanghai, should start production in the second half of the year.

Write to Pietro Lombardi at pietro.lombardi@dowjones.com

(END) Dow Jones Newswires

April 08, 2020 05:22 ET (09:22 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.
Volkswagen (TG:VOW)
Gráfico Histórico do Ativo
De Mar 2024 até Abr 2024 Click aqui para mais gráficos Volkswagen.
Volkswagen (TG:VOW)
Gráfico Histórico do Ativo
De Abr 2023 até Abr 2024 Click aqui para mais gráficos Volkswagen.