XPEV - XPeng And Volkswagen Spice Up Partnership For B-Class EV Development And Joint Sourcing Program | Benzinga
Chinese Smart Electric Vehicle company XPeng Inc. (NYSE:XPEV) inked a pact with Volkswagen AG (OTC:VWAGY) to accelerate the joint development of the two B-class battery electric vehicles and pave the way for an extended and deeper strategic collaboration in the future.
The latest development follows XPeng’s news releases dated July 26, 2023, and December 6, 2023, in connection with Volkswagen’s share purchase of 4.99% shareholding in XPENG and the framework agreement on strategic technical collaboration.
As stipulated in the Master ...