Volkswagen pauses Indian EV investments pending likely JSW deal

T2Covered by 1 source · first reported by electrive / Charged EVs / The Autopian / Sustainable Bus at 26 Oct, 10:01 UTC

Volkswagen is apparently holding back further investments in a planned electric car program for India for the time being. The group is reportedly awaiting the outcome of joint venture talks with the Indian JSW Group. However, basic development work for a low-cost electric car is already complete.

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Sources

• T2Volkswagen pauses Indian EV investments pending likely JSW dealelectrive / Charged EVs / The Autopian / Sustainable Bus26 Oct, 10:01