Volkswagen Group expands ties in China, investing millions in XPeng Motors to co-develop EVs
A week after confirming its subsidiary Audi will be co-developing EVs with SAIC Motor, Volkswagen Group is investing hundreds of millions of dollars in China’s XPeng Motors. Together, the automakers plan to jointly develop Volkswagen branded EVs for the Chinese market. The collaborations between legacy European automakers and young Chinese EV manufacturers continue to grow, […]