# 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.

- Type: Partnership
- Announced: 2024-02-29
- Where: Beijing, China
- Status: announced
- Products: smart electric vehicles
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Volkswagen](https://endata.com/companies/533.md)
- [XPENG](https://endata.com/companies/75936.md) (partner)

## Sources

- [volkswagen-group.com](https://www.volkswagen-group.com/en/articles/ready-for-next-ev-push-volkswagen-enters-into-agreement-with-xpeng-for-fast-joint-development-of-two-smart-e-cars-18246), 2024-02-29: "The Master Agreement centres on the initial joint development of two mid-size Volkswagen brand vehicles, which will launch first with a SUV."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.