BEIJING—Volkswagen AG and ride-hailing giant Didi Chuxing said Monday they are closing in on a joint venture to share technology and develop mobility services in China. The deal, which could be announced early next week, would mark the first step for a potential broader alliance between the world’s biggest auto maker by sales and the global leader in ride-hailing, as China races to get ahead in mobility services such as car sharing.

Source: Wall Street Journal April 30, 2018 11:43 UTC