China’s largest ride-hailing provider Didi Chuxing is finalizing a deal with German automaker Volkswagen AG to set up a joint venture to develop mobility services in China. “The parties are still exploring details of the cooperation. Potentially, both parties will focus on building together a fleet operation business, and look into other potential areas such as designing new car models for ride-hailing,” a Didi spokesperson told China Money Network. Didi said the agreement between the two parties is still being …

China’s Didi Chuxing Teams Up With Volkswagen To Set Up Mobility Services Joint Venture appeared first on China Money Network.