---
title: "Xpeng CEO says joint models with VW moving at full speed"
description: "Xpeng CEO said he visited Volkswagen's German headquarters at the end of September, and the teams from both companies are moving full speed ahead with the development of their collaborative models lik"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/99734300.md"
published_at: "2023-10-12T10:34:35.000Z"
---

# Xpeng CEO says joint models with VW moving at full speed

> Xpeng CEO said he visited Volkswagen's German headquarters at the end of September, and the teams from both companies are moving full speed ahead with the development of their collaborative models like a startup team. The post Xpeng CEO says joint models with VW moving at full speed appeared first on CnEVPost. For more articles, please visit CnEVPost.

> CEO said he visited Volkswagen's German headquarters at the end of September, and the teams from both companies are moving full speed ahead with the development of their collaborative models like a startup team.

(He Xiaopeng (fourth from the left) , chairman and CEO of Xpeng and his team pose with Volkswagen executives.)

He Xiaopeng, chairman and CEO of Xpeng (NYSE: XPEV), recently visited Volkswagen's headquarters in Germany, as the companies push ahead with the development of models the two are working on together.

"I visited Volkswagen Group's Wolfsburg headquarters at the end of September to meet up with our good friends Oliver, Ralf and Stefan," Mr. He wrote on Weibo today.

Oliver is Volkswagen CEO Oliver Blume, Ralf is Volkswagen Group China CEO Ralf Brandstaetter, and Stefan is Volkswagen China Passenger Cars Brand CEO Stefan Mecha.

"I deeply admire Volkswagen's competence in product and engineering design as well as large-scale manufacturing, and I am confident and more imaginative about how we can work together in the future in a complementary and win-win way in the long term," he wrote.

Over the past few months, the joint development of Xpeng and Volkswagen's joint models has accelerated, with both technical teams moving at full speed like a startup team, according to Mr. He.

On July 26, the two companies that Volkswagen would invest about $700 million to acquire about 4.99 percent of Xpeng, and that the two plan to co-develop two Volkswagen-branded EV models for China's mid-size car market.

The two new vehicles will complement Volkswagen's MEB platform-based portfolio and are scheduled to go to market in 2026.

Xpeng's strategic partnership with Volkswagen in the supply chain will bring the potential for cost reductions for both companies, Mr. He wrote on Weibo today.

He said he discussed with Volkswagen executives the development of electrification and smart technologies in the coming years, and their views coincide and the blueprint for long-term cooperation on technology is clearer.

When it comes to internationalization, Volkswagen has many great capabilities and experiences for Xpeng to learn from, he said.

### Related Stocks

- [XPEV.US - XPeng](https://longbridge.com/en/quote/XPEV.US.md)
- [09868.HK - XPENG-W](https://longbridge.com/en/quote/09868.HK.md)
- [VWAPY.US - Volkswagen](https://longbridge.com/en/quote/VWAPY.US.md)
- [VWAGY.US - Volkswagen](https://longbridge.com/en/quote/VWAGY.US.md)

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| Blackstone, EQT and CVC make offers for VW’s Everllence unit, FT reports | Feb 18 (Reuters) - Volkswagen (VOWG.DE) has attracted bids from top private equity funds including Blackstone, EQT (EQTA | [Link](https://longbridge.com/en/news/276198463.md) |
| FAW-VW and SAIC-VW together sold 221,900 cars in China in January | CHINA AUTO INDUSTRY BODY CPCA:* FAW-VW, SAIC-VW SOLD A COMBINED 221,900 PASSENGER VEHICLES IN CHINA IN JAN- CHINA AUTO I | [Link](https://longbridge.com/en/news/275973116.md) |
| VW’s U.S. Scout comeback reportedly delayed to mid-2028 | Volkswagen Group has delayed the revival of its US heritage brand Scout to mid-2028, moving production from 2027. The in | [Link](https://longbridge.com/en/news/276216336.md) |
| Seat launches pilot production of electric compact cars | Spanish VW brand Seat has launched pilot production of the Cupra Raval at its Martorell plant, marking a significant mil | [Link](https://longbridge.com/en/news/276425200.md) |
| Porsche may scrap its EV sports car, but this luxury brand won’t | Porsche is considering scrapping its planned 718 Boxster and Cayman EVs due to high development costs, according to CEO  | [Link](https://longbridge.com/en/news/276269340.md) |

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.
