Volkswagen Says it is Exiting Controversial Xinjiang Plant

Quick Summary:

VW’s decision to sell the plant comes after years of investor pressure on the carmaker to abandon presence in Xinjiang

The post Volkswagen Says it is Exiting Controversial Xinjiang Plant appeared first on Asia Financial.

Volkswagen has denied reports that it kept the plant open as a condition from Beijing to keep producing across China.

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Article Details

Author / Journalist: Vishakha Saxena

Category: InvestingBusiness

Markets: Hong KongChina

Topics: World Markets Asia China Electric Vehicle Index Volkswagen EV Companies Regions EV Forced Labour Electric Vehicles Transport Insights Xinjiang China EV Transport

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-27 @ 12:27:21 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: asiafinancial.com

Language: English

Article Length: 418 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Asia Financial

News ID: 23906373

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About Asia Financial

Main Topics: InvestingBusiness

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News Last Updated: 14 hours ago

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