China, Xpeng and Volkswagen
Carmakers Xpeng and Volkswagen are extending their partnership. On top of offering a joint platform for electric cars, they now also want to "jointly build
Volkswagen Group China said on Monday that it is to build an ultra-fast charging network with Xpeng, which is to feature over 20,000 terminals across 420 cities and regions in China. The move follows the two companies' partnership in developing electric vehicles in the Chinese market, the first of which is expected to hit the market in 2026.
XPeng (NYSE:XPEV) and Volkswagen (OTCPK:VWAGY) collaborated to establish one of the largest super-fast charging networks in China. This collaboration will bring more than 20,000 charging piles operated by both companies,
Chinese electric vehicle maker XPENG has once again reached a significant collaboration with German automobile giant Volkswagen. On Monday, both companies announced the signing of a Memorandum of Understanding (MoU) for strategic collaboration on a super-fast charging networks in China.
XPeng (XPEV) and the Volkswagen Group China (VWAGY), announced that both parties have entered into a memorandum of understanding for strategic
XPeng-Volkswagen partnership targets EV charging expansion, tackling infrastructure needs in China's booming market.
Volkswagen has ramped up its focus on China via an investment in Xpeng and an aggressive electric vehicle launch schedule.
Key Takeaways XPeng and Volkswagen will work together to build a network of electric vehicle charging stations in China. The two carmakers expect to produce more than 20,000 charging units to be installed in 420 cities.
The United States Department of Defence has added Chinese battery manufacturing giant Contemporary Amperex Technology (CATL) to its list of companies linked to China’s military.
Volkswagen China announced on Monday forging a partnership with Xpeng, a major Chinese electric vehicle (EV) manufacturer, to jointly build a fast charging network for running EVs in China, the company told the Global Times.
Chinese EV startup XPeng and Volkswagen are looking to jointly build a super-fast charging network in China, the companies said on Sunday.