Partnership
XPeng x Volkswagen Group Strategic Technical Collaboration
XPeng and Volkswagen Group entered a long-term strategic partnership including joint development of two B-class BEVs for the Chinese market leveraging XPeng G9 platform and ADAS software. Volkswagen invested approximately 700 million USD for 4.99 percent minority stake in XPeng. The parties also explore collaboration on future EV platforms software and supply chain.
joint venture · Active · operating
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7584eae8-8ec2-4944-97c6-27f1b7929807- Type
- joint venture
- Status
- Activeoperating
Who’s involved
Chinese multinational electric vehicle manufacturer. Public company (NYSE: XPEV).. Focus: Electric vehicle manufacturer. Stage: Public company listed on NYSE under ticker XPEV. Scale: Multinational company based in China.
Off-registry parties
- Volkswagen Group · investor partner
Related partnerships
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- technology—just announced
- technology—operating
Other partnerships of XPeng
- technology—just announced
- technology—operating
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Sources (1)
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