VW takes almost 5% in Xpeng and signs technology agreement

Tony Verhelle

July 27, 2023

The VW Group has taken a stake of 5% in Chinese start-up Xpeng and signed a long-term collaboration agreement. The new Xpeng G6, pictured here, may well come to Europe as a challenger for the popular Tesla Model Y /Xpeng

The Volkswagen brand has concluded a technological framework agreement for long-term cooperation with the Chinese electric car start-up Xpeng. The Wolfsburg-based company is also taking a stake of about 5% in Xpeng, and the Audi deal with SAIC was also confirmed by the Group. With the new collabo
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