Volkswagen’s XPeng deal sets example for EV alliance between the West and China
The major news from China’s auto industry this week is Volkswagen’s $700 million investment in the country’s electric vehicle startup, XPeng. This partnership has the potential to set a precedent for Western automakers seeking to leverage Chinese firms for their EV expertise, while their Chinese counterparts can benefit from their foreign allies’ global distribution. The … Continue reading Volkswagen’s XPeng deal sets example for EV alliance between the West and China
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