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AASTOCKS
2023.10.12 08:25
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Xiaopeng Motors: Joint development of vehicle models with Volkswagen Group is accelerating

Xiaopeng Motors Chairman He Xiaopeng posted on Weibo that he visited Volkswagen Group's headquarters in Wolfsburg at the end of September. In the past few months, the jointly developed models have been accelerating their progress. The technical teams from both sides have been working together like a startup team, fully committed and moving forward at full speed. The strategic cooperation in the supply chain will bring the potential for cost reduction.

Xiaopeng Motors (09868.HK) Chairman He Xiaopeng posted on Weibo that he visited Volkswagen Group's headquarters in Wolfsburg at the end of September. In the past few months, the jointly developed models have been accelerating their progress. The technical teams from both sides have been working together like a startup team, fully committed and moving forward at full speed. The strategic cooperation in the supply chain will bring the potential for cost reduction.

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