VW takes almost 5% in Xpeng and signs technology agreement
July 27, 2023
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 collaboration with Xpeng, Volkswagen wants to further advance […]