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06 Feb
07:02

Volkswagen, XPeng to start joint EV production in 2026

Volkswagen Group (China) announced that the new Volkswagen brand model developed in cooperation with Chinese new energy vehicle company XPeng will be put into production in in 2026, Kallanish reports. Commercial manufacturing will take place in Hefei, Anhui Province, as part of the company’s agreement in 2023 covering the joint development of two EV models under the VW brand. As part of the collaboration, VW agreed to invest $700 million in a 4.99% stake in …
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