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Siemens Buys into Volkswagen’s EV Charging Stations Electrify America
German automaker Volkswagen welcomed multinational conglomerate Siemens into its Electrify America venture. As a result, Siemens acquired a minority stake in Volkswagen's network of electric vehicle (EV) fast-charging stations with a joint investment of $450 million. "With our additional investment in Electrify America, we are...