received a positive reception although some analysts worried that VW’s huge capital investment spending plan might be harder to control, especially given the company’s weird ownership structure.
“The joint venture could be an example for success in the rising number of collaborations between in the transition to EVs,” Layson said. “As yet there is no evidence that the €170 billion 2025-2029 capex and R&D spending plan has been reduced here. Reducing this number is ultimately the key to a higher VW share price, we believe,” Morgan Stanley said.Getty Images
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