XPeng, Volkswagen Expand E/E Architecture Collaboration Beyond EVs in China

MT Newswires Live

08/15

XPeng (HKG:9868) has signed an agreement with German automaker Volkswagen to expand their E/E architecture technical collaboration beyond electric vehicles to include internal combustion engine and plug-in hybrid platforms in China, according to a Friday Hong Kong bourse filing.

The move follows a July 2024 master agreement and aims to accelerate Volkswagen's software-defined vehicle strategy, enabling faster software iterations, over-the-air updates, and shorter development cycles.

The companies said the cross-platform integration will boost economies of scale and product competitiveness in the Chinese market.

Shares of Xpeng were up nearly 2% in Friday morning trade.

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