Volkswagen and XPENG enter Master Agreement for joint EV development

Volkswagen and XPENG signed a Master Agreement to jointly develop two mid-size smart electric vehicles for the Chinese market, with the first models expected in 2026.

“The Master Agreement centres on the initial joint development of two mid-size Volkswagen brand vehicles, which will launch first with a SUV.”volkswagen-group.com

• 1 source
• volkswagen-group.comReady for next EV push: Volkswagen enters into agreement with XPENG for fast joint development of two smart e-cars | Volkswagen GroupFeb 29, 2024

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