XPENG And Volkswagen Reach Strategic Cooperation
XPENG and the Volkswagen Group Announce Entry into the Framework Agreement on E/E Architecture Technical Collaboration.
On July 22nd, XPENG and Volkswagen Group jointly announced that following the strategic cooperation framework agreement on electronic and electrical architecture technology signed by XPENG and Volkswagen Group on April 17, 2024, XPENG and Volkswagen Group have signed a joint development agreement for electronic and electrical architecture technology cooperation. Both parties will fully commit to developing industry-leading electronic and electrical architectures for Volkswagen’s CMP and MEB platforms produced in China.
The first vehicle is expected to be mass-produced within 24 months as XPENG and Volkswagen reach a strategic cooperation.
In this strategic cooperation on electronic and electrical architecture technology, XPENG and Volkswagen Group have established joint development project teams in Guangzhou and Hefei. Engineers from both sides will work closely together to accelerate the development process of the electronic and electrical architecture. Through the close technical cooperation of the joint development project team, they aim to mass-produce the first model equipped with the jointly developed electronic and electrical architecture within 24 months.
In addition, according to this joint development agreement, XPENG and Volkswagen Group will actively explore further cooperation opportunities to expand the application range of the jointly developed electronic and electrical architecture. Both parties have reached a consensus on promoting the strategic cooperation of electronic and electrical architecture and hope to further strengthen the strategic partnership.
He Xiaopeng, Chairman and CEO of XPENG, said:
“The cooperation on the electronic and electrical architecture is the third important milestone in our long-term strategic partnership with Volkswagen Group within a year. With the high trust between Volkswagen and XPENG and the joint efforts of engineers from both sides, our cooperation project has made rapid progress and has achieved significant synergy. I am very much looking forward to expanding our technical cooperation and deepening our win-win strategic partnership.”
Bernd Osterloh, the Management Board Member of Volkswagen Group responsible for China Business, Chairman and CEO of Volkswagen Group (China), said:
“The rapid progress made by the close cooperation between Volkswagen Group and XPENG demonstrates the great potential of our partnership. Both parties contribute their technical expertise to jointly develop an advanced electronic and electrical architecture, and now our cooperation has taken a new step. This is another milestone in Volkswagen Group’s continuous implementation of the ‘In China, For China’ strategy, focusing on Chinese customer needs and promoting technological innovation. Starting from 2026, Volkswagen will equip all its newly launched pure electric models in the Chinese market with this powerful and efficient electronic and electrical architecture.
