XPEV Stock Alert: XPeng Expands EV Relationship with Volkswagen
XPENG(XPEV) Investor Place·2024-07-22 22:46
XPeng (NYSE:XPEV) stock is getting a boost on Monday after the electric vehicle (EV) company announced an expansion to its relationship with Volkswagen (OTCMKTS:VWAGY).XPeng and Volkswagen have reached a master agreement for their work together on electrical/electronic architecture (E/E Architecture). This will have them developing E/E Architecture locally-produced vehicles based on Volkswagen’s China Main Platform (CMP) and Modular Electric Drive Matrix (MEB) platform.This has them setting up Project House ...