Post by
TeamEddie on Jul 26, 2023 2:31pm
VW $700 million in XPEV
Someone posted on CEO.CA that VW just did this and said our OEM might be VW that would be epic
Comment by
Wriggles on Jul 26, 2023 3:40pm
VW has been struggling with its software development. Its sales have been falling in China. XPENG brings advanced connectivity and driver assist software to the table. https://www.theverge.com/2022/12/14/23508088/volkswagen-software-id4-bug-problem-smartphone https://www.barrons.com/articles/xpeng-stock-investment-volkswagen-aa6ed4b8
Comment by
Wriggles on Jul 26, 2023 3:58pm
The Electric Viking's perspective on the deal (2 hrs ago). Interesting. https://www.youtube.com/watch?v=4qSMf2-5TSo
Comment by
ExroCurious on Jul 26, 2023 4:25pm
I agree. To add some more speculation last year at SEMA the VW and Exro booths were right next to each other. Perhaps that was the beginning of the conversation? Check out around the 2:45 mark. Can someone tell me why a deal between VW and XPENG goes public and not under NDA but ours can't be released?
Comment by
ExroCurious on Jul 26, 2023 4:27pm
https://www.youtube.com/watch?v=gD9RPR5pC3Y