Volkswagen Group and XPeng Motors have officially announced that they will jointly develop two new electric vehicle models targeted at the Chinese market, planning to start production in China's Hefei Province in 2026.
On December 8th, Horizon Robotics and CARIAD announced the official establishment of the companies' joint venture CARIZON.
On December 6th, XPeng Motors announced that Volkswagen's investment in XPeng has been completed, with a subscription amount of approximately $705.6 million.
On November 3rd, CARIAD China under Volkswagen Group announced the establishment of the "Mobile x Mobility Fusion Joint Innovative Lab" in collaboration with vivo.
On October 12th, He Xiaopeng, the Chairman of XPeng Motors, posted on Weibo that he visited Volkswagen Group's headquarters in Wolfsburg at the end of September.
Volkswagen plans to launch a new SUV model named 'ID.8'which will be built on the same platform as the XPeng G9 model and may become the first 'jointly developed' vehicle launched in the domestic market.
Recently, there were rumors that the emerging automaker Xpeng Motors would acquire the luxury car brand Maserati. However, Xpeng Motors has now denied these rumors.
On July 26, Volkswagen and Xpeng Motors reached a technological framework agreement. In the early stage of cooperation, the two parties plan to jointly develop two Volkswagen brand electric models for the Chinese midsize car market. These two new cars exclusive to the Chinese market will supplement the product portfolio based on the MEB platform, which is planned to go to market in 2026.
Volkswagen was reported to have held talks with Huawei, hoping to use Huawei software in its car in China. In response to this, a Volkswagen China spokesperson told that there is no official news.
Czech carmaker Skoda Auto, a subsidiary of Volkswagen, is reportedly considering a withdrawal from China and will make a final decision next year. A spokesperson for Skoda China said that the company has not made any decision on the necessity of adjusting its strategy.
Sunwoda, a leading Chinese battery company, announced on November 6 that its subsidiary Sunwoda Electric Vehicle Battery (Sunwoda EVB) will serve as a mass production supplier of battery pack systems for Volkswagen AG's HEV project.
Chinese battery manufacturer Gotion High-Tech released its latest financial report on October 26, showing operating income of 14.426 billion yuan ($1.99 billion) in the first three quarters of the year. In addition, batteries supplied by the company to Volkswagen will be installed next year.
Jerry Su, the former head of Huawei's intelligent driving business, will join the joint venture between German motor vehicle manufacturer Volkswagen and Horizon Robotics, a Chinese provider of computing solutions for smart vehicles.
The China Passenger Car Association estimated on October 24 that retail sales of passenger cars in China this month would be about 1.91 million units, up 11.4% year-on-year, among which the retail sales of new energy vehicles would be about 550,000 units.
German motor vehicle manufacturer Volkswagen Group announced on October 13 a new partnership between its software company CARIAD and Horizon Robotics, a leading provider of computing solutions for smart vehicles in China.
The manufacturer of new energy equipment Wuxi Lead Intelligent Equipment Co., Ltd. (LEAD) announced on Tuesday that it has signed a cooperation agreement with German Volkswagen to provide solutions for its 20 GWh lithium battery equipment.
CARIAD, an automotive software company that is part of Volkswagen Group, announced on Thursday the establishment of a subsidiary in China, also publishing an official strategy for the country.
ਦੋਵਾਂ ਕੰਪਨੀਆਂ ਵਿਚਕਾਰ ਸਹਿਯੋਗ ਵਿਚ ਇਕ ਸਾਂਝੇ ਉੱਦਮ ਸ਼ਾਮਲ ਹੋ ਸਕਦਾ ਹੈ ਜੋ ਜਨਤਾ ਦੁਆਰਾ ਫੰਡ ਅਤੇ ਨਿਯੰਤਰਿਤ ਕੀਤਾ ਜਾਂਦਾ ਹੈ, ਜਦੋਂ ਕਿ ਹੁਆਈ ਤਕਨਾਲੋਜੀ ਪ੍ਰਦਾਨ ਕਰਦਾ ਹੈ ਅਤੇ ਜਨਤਾ ਲਈ ਇਕ ਸਪਲਾਇਰ ਬਣ ਜਾਂਦਾ ਹੈ.
The cooperation between the two companies would likely involve a joint venture, funded and controlled by Volkswagen while Huawei provides technology and becomes a tier-one supplier of Volkswagen.
Today, 36Kr reported that Huawei plans to form a joint venture with Volkswagen Group to develop its autonomous driving technology. However, this rumor has been denied by Huawei.