# XPeng x Volkswagen Group Strategic Technical Collaboration: partnership

Canonical ID: `7584eae8-8ec2-4944-97c6-27f1b7929807`

XPeng and Volkswagen Group entered a long-term strategic partnership including joint development of two B-class BEVs for the Chinese market leveraging XPeng G9 platform and ADAS software. Volkswagen invested approximately 700 million USD for 4.99 percent minority stake in XPeng. The parties also explore collaboration on future EV platforms software and supply chain.

- **Type:** joint venture
- **Status:** active
- **Verification posture:** verified

## Parties (2)

- Volkswagen Group _(off-registry)_ investor partner
- [XPeng](https://registry.deploy.report/companies/xpeng-group.md) co developer

## Sources (1)

1. https://ir.xiaopeng.com/news-releases/news-release-details/xpeng-and-volkswagen-group-announce-entry-framework-agreement/


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