Get all your news in one place.
100's of premium titles.
One app.
Start reading
InsideEVs
InsideEVs
Technology

VW Group Takes 5% Stake In XPeng, Reveals More On Audi-SAIC Deal

Volkswagen Group has taken a 5 percent stake worth $700 million in EV startup XPeng in a surprise move that's part of the German company's efforts to strengthen its position on the Chinese car market.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.