Xpeng Shares Rise 13% after Announcing Purchase Deal with Didi
With the infusion of assets and insights from Didi, Xpeng is seizing the opportunity to develop an affordable electric car under a new mass market brand, codenamed “MONA”.
Volkswagen Invests $700M in XPeng to Boost Chinese EV Market
By Darya Rudz
Volkswagen and XPeng are jointly working on two mid-size battery-electric models that incorporate advanced driver-assist software developed by XPeng. The vehicles will be branded as Volkswagens and launched in China in 2026.