Loading...
The Financial Express

Volkswagen pumps 2 billion euros into China electric vehicle bet

Volkswagen AG (VW) said on Friday it has agreed to invest 2.1 billion euros ($2.33 billion) in two separate Chinese electric vehicle players, upping its bet on the world’s biggest auto market as international rivals seek to muscle in. VW said...

The kitchen market in the city saw thin presence of customers after Eid-ul-Fitr with the prices of essential commodities showing a mixed trend. Prices of broiler chicken, onion, garlic and some vegetables declined while those of farm egg and potato went up comparing to the period before Eid festival. Eid was celebrated on May 25 and the general holiday announced by the government since March 26 due to the novel coronavirus might end on May 30. Broiler chicken prices showed a notable decline as it was retailed at Tk 140-150 a kg which was Tk 190-200 a kg before Eid day. Traders said prices of broiler chicken dropped sharply due to low demand after Eid. Garlic prices also declined by...

Volkswagen in final talks to seal biggest M&A deals in China EV sector

Volkswagen AG is in final talks to seal its largest investment deals with Chinese electric vehicle (EV) firms, two sources said, as the German automaker accelerates its push into the world’s largest market for environmentally friendlier cars. The firm is...