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VW closes in on $1 billion JV with Chinese chipmaking startup

Volkswagen AG is close to reaching a joint venture deal with Chinese autonomous driving startup Horizon Robotics Inc. that could see the auto giant make an investment of about $1 billion, according to a person familiar with the situation.

https://www.bloomberg.com/news/articles/2022-10-12/vw-closes-in-on-1-billion-jv-with-chinese-chipmaking-startup

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