Reported Sunday, XPENG And Volkswagen Group Sign Master Agreement To Develop Advanced E/E Architecture For Chinese Market
$XPEV
Auto Manufacturing
Consumer Discretionary
- XPENG and the Volkswagen Group will jointly develop industry-leading E/E Architecture for all locally produced vehicles based on Volkswagen's China Main Platform (CMP) and Modular Electric Drive Matrix (MEB) platform
- The first vehicle equipped with the jointly developed E/E Architecture will SOP (Start of Production) within approximately 24 months
- Both parties will actively explore further collaboration opportunities to expand the scope of the usage of the jointly developed E/E Architecture