Volkswagen and Xpeng’s jointly developed electric vehicles will use Xpeng’s G9 ‘Edward’ platform, in a boost for the Chinese startup that analysts said could lift its sales and profitability.
Xpeng will also receive so-called technology service revenue from Volkswagen from next year onwards, overturning a four-decade-old model of foreign automakers charging their Chinese partners for technology licensing.
“We will use the G9 platform and combine it with Volkswagen technology,” VW Group CEO Oliver Blume said on a media call on