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Volkswagen Group Establishes Joint Venture with Didi-Chuxing in China

Cross-borderPEdailyMay 7, 20180

Volkswagen Group has established a joint venture with a Chinese company once again (official announcement will be made as early as this week), but this time it chose the ride-hailing company, Didi Chuxing rather than traditional car companies.

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Didi to Form JVs with Volkswagen and Other Car Makers as Part of D-Alliance

Cross-borderSina TechMay 2, 20180

On the evening of April 30, in response to the rumor of a new joint venture with Volkswagen, Didi Chuxing confirmed that it is in discussions with Volkswagen, Beijing Automotive Industry Holding Co. (BAIC Group), First Auto Works Group Corporation (FAW Group), Guangzhou Automobile Industry Group (GAC Group) and other automobile companies.

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