After announcing their partnership in July, Volkswagen AG (OTC: VWAGY) and XPeng Inc (NYSE: XPEV) revealed on Thursday they expanded their partnership to jointly develop an intelligent connected vehicle models for the Chinese market. The two EVs enhanced with an intuitive and connected digital experience, as well as advanced automated driving functions, should hit the market in 2026. Reuters reported that the first car that Volkswagen and XPeng will develop together will be an SUV. The Power Of
The country’s relevance will depend on its ability to provide ingredients of the supply chains for batteries as well as wind and solar energy to counteract China’s dominance