.Breakingviews 📺: VW has bought a $700 million stake in Xpeng. Access to the Chinese EV maker’s tech could boost VW’s own flagging business there, and Xpeng needs the cash to help fend off a fierce domestic price war. The duo may do more, says ywchen1
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Volkswagen partners with Xpeng for Chinese electric cars | AutocarGerman manufacturer invests $700 million in Chinese EV specialist and will use its tech in future cars
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EV stocks get a broad boost from VW’s purchase of 5% stake in XPengShares of electric-vehicle makers got a broad boost Wednesday as investors cheered Volkswagen AG's $700 million investment in China-based XPeng Inc.
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VW taps Xpeng for EV platformsVW and Audi have turned to Chinese automakers to help accelerate the development of EVs for China.
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