Volkswagen deal with EV maker Xpeng shows how China tech threatens Western automakers - CNBC
business 2026/04/01 11:00:01

Volkswagen deal with EV maker Xpeng shows how China tech threatens Western automakers - CNBC

Source:CNBC
Author:Robert Ferris

Xpeng’s deal to make software, hardware and even vehicles with VW Group in China shows that Chinese firms are now making the high-value components.