Volkswagen Brand To Jointly Develop Two Electric Models For Mid-Size Segment With Xpeng Inc
Portfolio Pulse from Benzinga Newsdesk
Volkswagen and Xpeng Inc are set to jointly develop two electric models for the mid-size segment. This partnership is expected to boost both companies' presence in the electric vehicle market.
July 26, 2023 | 1:00 pm
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POSITIVE IMPACT
Volkswagen's partnership with Xpeng Inc to develop electric models could enhance its position in the EV market.
The partnership with Xpeng Inc could help Volkswagen expand its product line in the EV market, potentially boosting its market share and revenues.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Xpeng Inc's joint venture with Volkswagen to develop electric models could boost its presence in the EV market.
The partnership with Volkswagen could help Xpeng Inc expand its product line in the EV market, potentially boosting its market share and revenues.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100