VW expands footprint in China

|By:, SA News Editor

Volkswagen (OTCPK:VLKAY) is betting big on China, expanding its footprint in the world's second-largest economy, despite a slowdown in growth.

The automaker announced a $180M investment into Mobvoi, which will focus on implementing artificial intelligence technology, such as voice recognition and smart rearview mirrors, to help improve drivers' experiences.