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Stock impact report

Master Agreement on E/E Architecture Technical Collaboration With Volkswagen Group

XPeng Inc. American depositary shares, each representing two Class A ordinary shares (XPEV) 
Company Research Source: GlobeNewswire
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) platformThe first vehicle equipped with the jointly developed E/E Architecture will SOP (Start of Production) within approximately 24 monthsBoth parties will actively explore further collaboration opportunities to expand the scope of the usage of the jointly developed E/E Architecture GUANGZHOU, China, July 22, 2024 (GLOBE NEWSWIRE) -- XPeng Inc. (the “Company” or “XPENG”) and the Volkswagen Group are pleased to announce today that, further to XPENG’s announcement dated April 17, 2024 (the “Announcement”) in connection with the framework agreement on technical collaboration with respect to electrical/electronic architecture (“E/E Architecture”), XPENG and the Volkswagen Group have entered into a Master Agreement on E/E Collaboration (“Master Agreement”) which solidifies both pa Show less Read more
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