Xpeng and VW to build ultra-fast charging network in China
By REUTERS | 06 January 2025BEIJING: Xpeng Motors and Volkswagen have agreed to expand their partnership to cooperate on ultra-fast electric vehicle charging networks in China, the automakers said today.
The companies have signed a memorandum of understanding to open their respective fast-charging networks to each other's customers, which comprise more than 20,000 charging piles across 420 cities in China, they said in a joint statement.
They will also explore the joint construction of co-branded ultra-fast charging stations.
Xpeng and Volkswagen forged a partnership in 2023, when Volkswagen bought 4.99% of Xpeng for around US$700 million (RM3.2bil) with plans to jointly launch two Volkswagen-branded EV models by 2026.
Volkswagen later said it had developed a new architecture for intelligent and electric cars with Xpeng, which the German automaker said would help it offer more affordable EVs in its biggest market.
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