* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Sunday, June 1, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Why Starz Entertainment Stock Soared Today – The Motley Fool

    Unpacking the Surge: What Fueled Starz Entertainment’s Stock Explosion Today!

    Unveiling the Enigmatic: First Looks at Destruction and Puck in ‘The Sandman

    Jackie Chan Reveals This Family Member ‘Never Watched’ The Whole Of Any Of His Movies – Yahoo

    Jackie Chan Reveals This Family Member ‘Never Watched’ The Whole Of Any Of His Movies – Yahoo

    Mavs CEO holds firm on new arena, entertainment district in Dallas – Dallas News

    Mavs CEO Stands Strong on Vision for New Arena and Entertainment District in Dallas

    Entertainment: On Your Marks, Get Set, Beer Run! – Urban Milwaukee

    Get Ready to Race: The Ultimate Beer Run Experience Awaits!

    Rachel Guttman Launches Entertainment Law Firm Gutt Law, PLLC [Exclusive] – MusicRow.com

    Rachel Guttman Unveils Exciting New Entertainment Law Firm: Gutt Law, PLLC!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    This giant microwave may change the future of war – MIT Technology Review

    Revolutionizing Warfare: The Impact of a Game-Changing Giant Microwave

    Bajeed Pattan Joins Forbes Technology Council as Innovation Leader – PRWeb

    Bajeed Pattan Takes the Helm as Innovation Leader at Forbes Technology Council!

    Lafayette Regional Technology Council – Tech Leadership That’s Homegrown and Future-Focused – Discover Lafayette

    Lafayette Regional Technology Council – Tech Leadership That’s Homegrown and Future-Focused – Discover Lafayette

    Drone technology demo in Cambria County showcases future of lifesaving medical deliveries – local21news.com

    Revolutionizing Healthcare: Drone Technology Takes Flight for Lifesaving Medical Deliveries in Cambria County

    Revolutionary Harvesting Technology Promises to Slash CAR-T Manufacturing Costs!

    Stop the Machines: The Rise of Anti-Technology Extremism – International Centre for Counter-Terrorism – ICCT

    Unplugged: The Surge of Anti-Technology Extremism

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Why Starz Entertainment Stock Soared Today – The Motley Fool

    Unpacking the Surge: What Fueled Starz Entertainment’s Stock Explosion Today!

    Unveiling the Enigmatic: First Looks at Destruction and Puck in ‘The Sandman

    Jackie Chan Reveals This Family Member ‘Never Watched’ The Whole Of Any Of His Movies – Yahoo

    Jackie Chan Reveals This Family Member ‘Never Watched’ The Whole Of Any Of His Movies – Yahoo

    Mavs CEO holds firm on new arena, entertainment district in Dallas – Dallas News

    Mavs CEO Stands Strong on Vision for New Arena and Entertainment District in Dallas

    Entertainment: On Your Marks, Get Set, Beer Run! – Urban Milwaukee

    Get Ready to Race: The Ultimate Beer Run Experience Awaits!

    Rachel Guttman Launches Entertainment Law Firm Gutt Law, PLLC [Exclusive] – MusicRow.com

    Rachel Guttman Unveils Exciting New Entertainment Law Firm: Gutt Law, PLLC!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    This giant microwave may change the future of war – MIT Technology Review

    Revolutionizing Warfare: The Impact of a Game-Changing Giant Microwave

    Bajeed Pattan Joins Forbes Technology Council as Innovation Leader – PRWeb

    Bajeed Pattan Takes the Helm as Innovation Leader at Forbes Technology Council!

    Lafayette Regional Technology Council – Tech Leadership That’s Homegrown and Future-Focused – Discover Lafayette

    Lafayette Regional Technology Council – Tech Leadership That’s Homegrown and Future-Focused – Discover Lafayette

    Drone technology demo in Cambria County showcases future of lifesaving medical deliveries – local21news.com

    Revolutionizing Healthcare: Drone Technology Takes Flight for Lifesaving Medical Deliveries in Cambria County

    Revolutionary Harvesting Technology Promises to Slash CAR-T Manufacturing Costs!

    Stop the Machines: The Rise of Anti-Technology Extremism – International Centre for Counter-Terrorism – ICCT

    Unplugged: The Surge of Anti-Technology Extremism

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Technology

XPeng Motors: Volkswagen Completes Over $700 Million Investment

December 7, 2023
in Technology
XPeng Motors: Volkswagen Completes Over $700 Million Investment
Share on FacebookShare on Twitter

On December 6th, XPeng Motors announced that Volkswagen’s investment in XPeng has been completed. According to the general authorization, a total of 94,079,255 shares were issued, with a subscription amount of approximately $705.6 million.

After the completion of the transaction, in Class A ordinary shares, Volkswagen Investment holds 4.99% of the shares under a nominee name, other shareholders hold 76.51%, and Class B ordinary shares account for 18.5%. The total number of shares is 1.885 billion. Volkswagen Group obtains one observer seat on XPeng Motors’ board of directors.

In addition, regarding the two B-class electric vehicle models jointly developed by XPeng Motors and Volkswagen, the official stated that the feasibility study of this project has achieved positive results and has been completed.

On July 26th this year, Volkswagen announced an investment of approximately $700 million in XPeng Motors, acquiring a 4.99% stake in the company. After the transaction is completed, Volkswagen will obtain an observer seat on XPeng‘s board of directors.

In the initial stage of cooperation, both parties plan to jointly develop two electric vehicle models under the Volkswagen brand for China’s mid-size car market, and aim to enter the market by 2026.

Speaking of the cooperation model between both parties, XPeng Motors expressed that based on XPeng G9 platform, Volkswagen will collaborate to develop two B-level SUVs from hardware to software. XPeng will provide the platform and technology while Volkswagen will handle engineering research and development, design, and manufacturing.

SEE ALSO: Xpeng Motors Stock Surges 40% After Reaching Agreement with Volkswagen

“Chinese automakers have very few companies that possess a full-stack self-developed capability. We are one of them, which is why we can collaborate with Volkswagen. This is a high recognition of our technology. In the past, the market did not value our technology much. We have always believed that our technology has great value.” XPeng Motors stated that monetizing their technology has always been their goal, and this time they have achieved it. Starting in 2024, entering the era of technology service revenue will be an important turning point for the company’s monetization of its technology, and it will greatly impact XPeng‘s valuation reference.

“We focus on technology and platforms. Our investments are relatively light in terms of assets, as they are all mass-produced items. The software aspect is also easily replicable, resulting in high gross margins.” XPeng Motors stated that they refuse to disclose specific pricing for hardware and software due to confidentiality agreements. In addition to the planned launch of new models, XPeng Motors also mentioned that they will introduce “updated versions of current models” next year. “We expect these new models to bring more favorable profit margins, which will help improve our profitability and product portfolio.”

Sign up today for 5 free articles monthly!

Pandaily Substack subscribe

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Pandaily – https://pandaily.com/xpeng-motors-volkswagen-completes-over-700-million-investment/

Tags: Motor'stechnologyXpeng
Previous Post

Ximalaya Denies Laying Off 30%, Profitability and Innovation Remain Two Major Challenges

Next Post

NIO to Spin Off Battery Production Unit by Year-End

Precision ecology for targeted conservation action – Nature

Unlocking Targeted Conservation: The Power of Precision Ecology

June 1, 2025
Climate scientists are hosting a 100-hour YouTube livestream in response to Trump’s research funding cuts – Space

Climate scientists are hosting a 100-hour YouTube livestream in response to Trump’s research funding cuts – Space

June 1, 2025
YouTube Science Star Derek Muller Confronts PFAS “Forever Chemicals”—In His Own Blood – Scientific American

YouTube Science Sensation Derek Muller Takes on PFAS “Forever Chemicals” Found in His Own Blood!

June 1, 2025
The 17 Recipes We Can’t Wait To Make This June – Yahoo

17 Must-Try Recipes to Savor This June!

June 1, 2025
Blaze, Duke, Lockett, Rademacher headline men’s freestyle champions at U20 World Team Trials – USA Wrestling

Rising Stars Shine: Blaze, Duke, Lockett, and Rademacher Claim Victory at U20 Men’s Freestyle Championships!

June 1, 2025
Looking Back at the Good Old Days of Growth Under Biden – Bloomberg.com

Looking Back at the Good Old Days of Growth Under Biden – Bloomberg.com

June 1, 2025
Why Starz Entertainment Stock Soared Today – The Motley Fool

Unpacking the Surge: What Fueled Starz Entertainment’s Stock Explosion Today!

June 1, 2025
White House acknowledges problems in RFK Jr.’s ‘Make America Healthy Again’ report – AP News

White House Admits Flaws in RFK Jr.’s ‘Make America Healthy Again’ Report

June 1, 2025
N.Y. landlords, lawmakers to face off over expanding upstate rent control – Spectrum News

Showdown Ahead: N.Y. Landlords and Lawmakers Clash Over Expanding Rent Control Upstate!

June 1, 2025
This giant microwave may change the future of war – MIT Technology Review

Revolutionizing Warfare: The Impact of a Game-Changing Giant Microwave

June 1, 2025

Categories

Archives

June 2025
MTWTFSS
 1
2345678
9101112131415
16171819202122
23242526272829
30 
« May    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (657)
  • Economy (672)
  • Entertainment (21,578)
  • General (15,254)
  • Health (9,714)
  • Lifestyle (674)
  • News (22,149)
  • People (673)
  • Politics (680)
  • Science (15,892)
  • Sports (21,176)
  • Technology (15,659)
  • World (660)

Recent News

Precision ecology for targeted conservation action – Nature

Unlocking Targeted Conservation: The Power of Precision Ecology

June 1, 2025
Climate scientists are hosting a 100-hour YouTube livestream in response to Trump’s research funding cuts – Space

Climate scientists are hosting a 100-hour YouTube livestream in response to Trump’s research funding cuts – Space

June 1, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version