Shulou(Shulou.com)11/24 Report--

Thanks to CTOnews.com netizens and family members who understand the clue delivery! CTOnews.com, August 17 (Xinhua)-- earlier today, some netizens said that Xiaopeng Motor, a new force in Chinese car-making, will buy Maserati, a well-known international luxury car brand, and will launch a new brand.

In this regard, Xiaopeng Automobile related sources responded to the Shanghai Stock Exchange report: the relevant rumors are rumors, there are no related acquisitions.

According to the latest delivery data reported by CTOnews.com, Xiaopeng delivered 11000 new cars in July, an increase of 28% from the previous month.

On the evening of July 26, Volkswagen Group announced that it would increase its capital to Xiaopeng by about US $700 million and subscribe for about 4.99% of Xiaopeng at the price of US $per ADS15. At the same time, the Volkswagen brand and Xiaopeng Motor reached a technical framework agreement.

In the early stages of the cooperation, the two sides plan to jointly develop two Volkswagen brand electric models for China's medium-sized car market. The two new cars, which belong exclusively to the Chinese market, will complement the product portfolio based on the MEB platform and plan to enter the market in 2026. The content of the relevant cooperation depends on the final agreement.

Related readings:

Xiao Peng talks about cooperation with Volkswagen: the company provides platforms and technology, and Volkswagen does engineering R & D, design and manufacturing.

Xiaopeng Automobile: will jointly develop two B-class pure electric models with Volkswagen, and explore cooperation in supply chain and other fields.

"Volkswagen has increased its investment of US $700 million to Xiaopeng Motor to jointly develop electric vehicles for the Chinese market."

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