China's Xpeng eyes Volkswagen partnership on joint procurement and different models - Finance news and analysis from Global Banking & Finance Review
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China's Xpeng eyes Volkswagen partnership on joint procurement and different models

Published by Global Banking & Finance Review

Posted on April 16, 2025

1 min read

· Last updated: April 16, 2025

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Xpeng and Volkswagen's Strategic Collaboration on New Models

HONG KONG (Reuters) - Chinese electric vehicle maker Xpeng said on Wednesday that it's looking at more aspects of collaboration with Volkswagen such as joint procurement, charging and different car models.

"For our collaboration with Volkswagen, it’s always been a strategic one. It’s not simply about agreement on tech. It is more in depth," Xpeng's President Brian Gu told reporters in Hong Kong.

(Reporting by Victoria Waldersee in Hong Kong; Editing by Sonali Paul)

Key Takeaways

  • Xpeng and Volkswagen are exploring joint procurement.
  • The partnership includes charging and new car models.
  • Xpeng views the collaboration as strategic, beyond tech agreements.
  • Xpeng's President Brian Gu emphasized the depth of the partnership.
  • The announcement was made in Hong Kong by Xpeng.

Frequently Asked Questions

What is the main topic?
The main topic is the strategic partnership between Xpeng and Volkswagen focusing on joint procurement, charging, and new car models.
What aspects are included in the partnership?
The partnership includes joint procurement, charging infrastructure, and the development of new car models.
Who announced the partnership details?
Xpeng's President Brian Gu announced the details in Hong Kong.

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