Volkswagen pumps two billion euros into China electric vehicle bet
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BEIJING/HONG KONG (Reuters) - Volkswagen AG plans to boost its electric push in China, the world's biggest auto market, by pumping 2.1 billion euros (1.90 billion pounds) in two Chinese electric vehicle players.The deals come as global rivals such as General Motors , Toyota and Tesla Inc seek to expand electric sales in the Chinese car market. Volkswagen said it will invest 1 billion euros to take a 50% stake in the state-owned parent of Anhui Jianghuai Automobile Group (JAC Motors) , also..