VW, Mercedes sign MoUs with Canada to cooperate on battery development

August 23, 2022
VW, Mercedes sign MoUs with Canada to cooperate on battery development
Germany's Chancellor Olaf Scholz visits Canada

TORONTO (Reuters) – German carmakers Volkswagen and Mercedes signed Memorandums of Understanding with the Canadian government on Tuesday to cooperate on the development of batteries.

The agreements were signed during a two-day visit by German Chancellor Olaf Scholz to Canada.

(Reporting by Andreas Rinke via Berlin Newsroom, editing by Rachel More)

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