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Volkswagen and Suzuki to Establish Strategic Partnership; VW to Take 19.9% Stake in Suzuki, Suzuki to Invest in VW

Green Car Congress

Volkswagen AG and Suzuki Motor Corporation have signed a framework agreement to establish a close long-term strategic partnership. of Suzuki’s issued shares, in a deal worth about ¥200 billion (about US$2.3 Suzuki intends to invest up to one half of the amount received from Volkswagen into shares of Volkswagen. Osamu Suzuki.

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Perspective: Europeans in the lead with range extenders for hybrid vehicles; 2nd vs. 3rd generation

Green Car Congress

By contrast, half the electric vehicle market value lies in larger road vehicles, notably cars, and here the legal restrictions are weaker or non-existent and range anxiety compels most people to buy hybrids if they go electric at all. The company is also producing a US variant of the conference in San Jose, California in November.

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