[22 July 2024]

- Xiaopeng and Volkswagen Group to fully invest in developing industry-leading electrical and electronic architecture for Volkswagen's CMP and MEB platforms for production in China

- The first model equipped with the jointly developed electrical and electronic architecture is expected to be mass-produced within 24 months

- Both parties will actively explore further co-operation opportunities to expand the application of their jointly developed electrical and electronic architecture

Xiaopeng Motors and Volkswagen Group jointly announced that, following the signing of a framework agreement between Xiaopeng Motors and Volkswagen Group dated 17 April 2024 in relation to the strategic cooperation on electrical and electronic architecture technology, Xiaopeng Motors and Volkswagen Group have entered into a co-development agreement on the strategic cooperation on electrical and electronic architecture technology, whereby the two parties will fully commit themselves to the development of industry-leading electrical and electronic architectures for Volkswagen's CMP and MEB platforms for production in China. The signing of the joint development agreement not only signifies that The signing of the joint development agreement not only signifies that both parties will accelerate the development of electrical and electronic architecture in China, but also lays the foundation for expanding the scope of their strategic cooperation in electrical and electronic architecture technology.

[22 July 2024]

In the strategic cooperation on electrical and electronic architecture technology, Xiaopeng Automobile and Volkswagen Group have established joint development project teams in Guangzhou and Hefei, where engineers from both sides will work closely together to accelerate the development process of the electrical and electronic architecture. Through the close technical co-operation of the joint development project team, the first model equipped with the jointly developed electrical and electronic architecture is expected to be mass-produced within 24 months, which demonstrates the deep mutual trust and strong commitment of Volkswagen Group and Xiaopeng Motors in their strategic partnership.

In addition, pursuant to this joint development agreement, Xiaopeng Automobile and Volkswagen Group will actively explore opportunities for further co-operation to expand the scope of application of the electrical and electronic architecture jointly developed by the two parties. Both parties have reached a consensus on the promotion of the EEV strategic cooperation and expect to further strengthen the strategic partnership in this way.

- Xiaopeng and Volkswagen Group to fully invest in developing industry-leading electrical and electronic architecture for Volkswagen's CMP and MEB platforms for production in China

- The first model equipped with the jointly developed electrical and electronic architecture is expected to be mass-produced within 24 months

- Both parties will actively explore further co-operation opportunities to expand the application of their jointly developed electrical and electronic architecture

Xiaopeng Motors and Volkswagen Group jointly announced that, following the signing of a framework agreement between Xiaopeng Motors and Volkswagen Group dated 17 April 2024 in relation to the strategic cooperation on electrical and electronic architecture technology, Xiaopeng Motors and Volkswagen Group have entered into a co-development agreement on the strategic cooperation on electrical and electronic architecture technology, whereby the two parties will fully commit themselves to the development of industry-leading electrical and electronic architectures for Volkswagen's CMP and MEB platforms for production in China. The signing of the joint development agreement not only signifies that The signing of the joint development agreement not only signifies that both parties will accelerate the development of electrical and electronic architecture in China, but also lays the foundation for expanding the scope of their strategic cooperation in electrical and electronic architecture technology.

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