trending Market Intelligence /marketintelligence/en/news-insights/trending/0zuqEakMWVgKwzwKn1Pkvg2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Chinese battery-maker Guoxuan confirms talks with Volkswagen

S&P Global Market Intelligence

Cannabis: Hashing Out a Budding Industry

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help

The Market Intelligence Platform


Chinese battery-maker Guoxuan confirms talks with Volkswagen

Chinese battery-maker Guoxuan High-tech Co.Ltd. confirmed that it is in talks with German carmaker Volkswagen AG for potential strategic cooperation in technology, product and capital.

The parties have not yet reached a binding agreement regarding the specific terms of the partnership, the company said in a statement.

The company was responding to a Reuters report that Volkswagen is close to acquiring a 20% stake in the battery-maker in a bid to expand its electrification efforts in China.

Shares of Guoxuan jumped more than 20% over two trading days in Shenzhen following the Jan. 17 media report on the discussions, triggering a Shenzhen Stock Exchange abnormal fluctuation inquiry.