Volkswagen is taking a stake in Chinese EV-maker XPeng and will jointly develop two new electric vehicles as it seeks to reclaim its position as the bestselling automaker there
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.
https://www.wsj.com/articles/volkswagen-seeks-to-reclaim-china-crown-in-deal-with-ev-maker-xpeng-27022d8e
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Volkswagen buys stake in Xpeng, will jointly develop two new EVs with the Chinese automakerThe new EVs, which will be branded as VWs and sold only in China, are expected to launch in 2026.
Read more »
Volkswagen partners with Xpeng for Chinese electric cars | AutocarGerman manufacturer invests $700 million in Chinese EV specialist and will use its tech in future cars
Read more »
XPeng’s stock soars after Volkswagen invests $700 million, announces cooperation agreementsShares of XPeng Inc. soared 13.4% toward an 11-month high in premarket trading Wednesday, after Germany-based Volkswagen Group said it was investing $700...
Read more »
Volkswagen to expand China line-up with Xpeng, SAIC partnershipsVolkswagen on Wednesday announced two agreements aimed at strengthening the German carmaker's position in the Chinese market, including a partnership between the Volkswagen brand and China's Xpeng Inc to build two new models.
Read more »
VW Group Takes 5% Stake In XPeng, Reveals More On Audi-SAIC DealThe goal with both deals is to 'swiftly tap into new customer and market segments' in order to leverage the potential of China's fast-growing e-mobility market.
Read more »
EV stocks get a broad boost from VW’s purchase of 5% stake in XPengShares of electric-vehicle makers got a broad boost Wednesday as investors cheered Volkswagen AG's $700 million investment in China-based XPeng Inc.
Read more »