Volkswagen / Credit: josefkubes/iStockphoto.comFreshfields and Allbright Lead On China's Biggest Ever Electric Car Deal
In its first of two multi-billion euro deals, the firm is advising Volkswagen on a set of deals jointly worth €2.1 billion, expected to transform China's electric car market.
June 19, 2020 at 06:40 AM
3 minute read
Freshfields Bruckhaus Deringer has landed two multi-billion euro mandates in deals involving automotive giants Volkswagen and Continental.
In the first transaction, Freshfields is advising Volkswagen on a set of deals jointly worth €2.1 billion, according to a statement from Freshfields. They amount to, according to Freshfields lawyers, China's largest-ever electric vehicle deal.
The firm is acting opposite Shanghai-based firm AllBright Law Offices, which is advising China-headquartered motor company Anhui Jianghuai Automobile Group (JAC Motors)—VW's partner in an ongoing joint venture in the region known as JAC Volkswagen.
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