07:34 AM EDT, 10/23/2026 (MT Newswires) -- Volkswagen (VOW.F) paused investment in its electric vehicle project in India pending clarity on a potential partnership with Indian conglomerate JSW Group, Bloomberg reported Friday, citing people familiar with the matter. The German automaker has completed design work for the project but is holding off on spending more until a clear business plan is in place. The project will use a low-cost electric vehicle design originally built for China. Volkswagen did not immediately respond to a request for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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