Caixin China Biz Roundup: Volkswagen’s $700 Million Investment in EV-Maker XPeng

Volkswagen’s China JV to develop plug-in hybrids for local market, while Toyota’s China venture slashes 1,000 jobs amid slow transition to electrification   Subscribe to our free newsletters:  https://www.caixinglobal.com/newsletter/ Are you a big fan of our shows? Then please give our podcast account, China Business Insider, a 5-star rating.