Volkswagen and Xpeng's jointly developed electric vehicles will use Xpeng's G9 'Edward' platform, in a filip for the Chinese startup that analysts said could boost its sales and profitability.
"We will use the G9 platform and combine it with Volkswagen technology," Volkswagen Chief Executive Oliver Blume said on a media call following half-year results, adding the two companies would hash out details of which technologies would feature in the joint models from each carmaker in the coming week.
Its latest models, like the G6, are being built on a newer platform, the Smart Electric Platform Architecture 2.0. Xpeng had sold a total of 13,500 G9s as of the end of June, far below the company's original expectation of monthly sales of 10,000 units.