💨 Abstract

China's Xpeng Motors and Volkswagen have agreed to collaborate on ultra-fast electric vehicle charging networks in China, opening their respective networks to each other's customers. They also plan to jointly construct co-branded charging stations, expanding upon their partnership formed in 2023, when Volkswagen bought a 4.99% stake in Xpeng with plans to launch two EV models by 2026.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖