Volkswagen mulls buying stake in Chinese auto suppliers

An employee stands on the top of a tower at the Volkswagen AG automobile factory in Wolfsburg, Germany, on Friday, April 22, 2016. Photographer: Krisztian Bocsi/Bloomberg

Volkswagen AG is exploring potential investments in Chinese automotive suppliers as it seeks to secure access to key technology in the world’s largest car market, people familiar with the matter said.

Options under discussion include buying equity stakes or forging joint ventures with Chinese suppliers, particularly firms with technology used in electric vehicles, according to the people. VW has been examining several possible targets including Guoxuan High-Tech Co., a battery maker based in China’s Anhui province, the people said, asking not to be identified because the information is private.

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