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

Thanks to CTOnews.com netizens Sancu, Mr. Aviation, West window for the delivery of clues about the past! CTOnews.com, August 28, Xiaopeng announced that it has signed a strategic cooperation agreement with Didi, covering the research and development, design and engineering development of new smart electric vehicles. Based on the expected significant synergy, the company became the first automobile manufacturing company to receive the full support of Didi ecosystem.

CTOnews.com also learned from Xiaopeng Automobile official account that the company and Didi jointly announced that the two sides would reach a strategic cooperation to maximize the advantage of resources in their respective fields, work together to promote the large-scale application of smart electric vehicles and related technologies, and accelerate the landing of "universal technology and intelligent equal rights". Through cooperation, Xiaopeng Automobile will officially enter the stage of multi-brand strategy, further strengthen the technological competitive advantage of A-level market products, make intelligent driving technology standard in the most mainstream market segments, and lead a new era of electric intelligence.

As the core of this strategic cooperation, an A-class smart electric vehicle will enter the market as the first product of Xiaopeng's new brand, which is expected to start mass production in 2024 under the project code "MONA". The new brand model will be differentiated from Xiaopeng's existing brand products. at the same time, Didi will open all-ecological enabling for Xiaopeng for the first time, providing strong support for "MONA", including intelligent cockpit, smart driving and shared travel market, to help Xiaopeng create popular models in the "150,000 class" price range, and further accelerate the application and popularization of self-assisted driving and intelligent cockpit technology in the global market.

This strategic cooperation, the two sides will also focus on automobile operation, brand marketing, financial and insurance services, charging facilities, international market and other aspects of cooperation.

In order to promote the establishment of a long-term win-win strategic partnership between the two sides, Xiaopeng will issue Class A common shares, which account for 3.25% of the total equity after the completion of the transaction, and acquire assets and R & D capabilities related to Didi's smart electric vehicle project. Didi will become Xiaopeng's strategic shareholder with a lock-up period of 24 months for the first batch of shares.

Xiaopeng Automobile has become the first vehicle company to be fully supported by Didi ecosystem. The two sides will explore mutually beneficial and win-win long-term cooperation opportunities in a number of areas, including the operation of Xiaopeng models on Didi platform, brand marketing, financial and insurance services, charging facilities construction, Robotaxi and international market cooperation.

He Xiaopeng, chairman of Xiaopeng Automobile, said, "as an excellent global travel platform, Didi adheres to the corporate vision of using technology to lead future travel like Xiaopeng Automobile." The launch of Xiaopeng's new brand and products will not only further increase market share through scale effect, but also make intelligent driving technology more popular, so that a wider range of users can enjoy the travel convenience brought by universal technology. The cooperation between Xiaopeng and Didi will also enhance the brand and commercial value of both sides in a number of potential areas, leading Xiaopeng to intelligentize, share and internationalize electric vehicles, create a next-generation intelligent travel ecology and explore smart driving business models in the long run, and bring huge growth opportunities. "

"Didi has been committed to promoting the sharing, electrification and intelligence of the travel market," said Cheng Wei, chairman and CEO of Didi. "Xiaopeng has a leading technological advantage in the field of intelligent electric vehicles and has a profound accumulation of intelligent technology in cars. The two sides will continue to deepen cooperation in various fields and jointly promote changes in the transportation and automobile industries."

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