Volkswagen and BYD Agree to Explore Partnership for Hybrids and EVs
Green Car Congress
MAY 25, 2009
Chinese carmaker BYD and Volkswagen have signed a memorandum of understanding to explore the options for partnership in the area of hybrids and electric vehicles powered by lithium batteries. Martin Winterkorn, and Chairman of the Board of Management of BYD, Wang Chuanfu, signed the agreement last week during a BYD visit to Volkswagen.
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