Volkswagen and SAIC Motor are selling their Xinjiang factory following human rights concerns. They've also extended their joint venture to 2040 and plan to accelerate EV production, launching 18 new models, including eight EVs, by 2030. The Xinjiang plant sale preserves existing jobs and comes amid Western governments' moves to impose higher tariffs on Chinese EVs.from Business News: Business News, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/ABaWz14
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