VW, Xpeng team up to slash EV costs
Volkswagen and Xpeng have teamed up to develop a new China Electrical Architecture (CEA) for affordable electric vehicles in China. This collaboration aims to introduce locally made VW-branded EVs by 2026, reducing costs by 40% compared to current platforms. By streamlining control units and centralizing electronics management, they aim to compete effectively in China’s EV market, focusing on entry- and mid-level segments.