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After e-disaster: Volkswagen joins forces with Xpeng and SAIC

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Published: July 26th, 2023,
Last updated: May 28th, 2025

A turning point for VW: The EV series are slow sellers and Chinese companies are technologically superior in some aspects.
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Most automotive market experts had suspected that the Volkswagen Group was facing a tough situation due to poor sales figures. However, this news is likely to make a big impact. Europe’s largest automaker intends to close the gap, particularly in electromobility, by collaborating with Chinese competitors to halt its decline in the world’s largest passenger car market.

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SAIC Autoindustrie