VW taps Xpeng for EV platforms
To help accelerate the launch of electric vehicles in China, Volkswagen said on Wednesday it plans to partner with local automaker Xpeng. The long-term strategic partnership will see VW invest $700 million in Xpeng in return for a 4.99% stake in the company as well as access to its technology, including EV platforms. The announcement comes just...
https://www.motorauthority.com/news/1140...-platforms
To help accelerate the launch of electric vehicles in China, Volkswagen said on Wednesday it plans to partner with local automaker Xpeng. The long-term strategic partnership will see VW invest $700 million in Xpeng in return for a 4.99% stake in the company as well as access to its technology, including EV platforms. The announcement comes just...https://www.motorauthority.com/news/1140...-platforms