XPeng and Volkswagen accelerate E/E architecture development

EV maker XPeng (XPENG) and the Volkswagen Group (OTCPK:VWAGY [https://seekingalpha.com/symbol/VWAGY]) have fast-tracked their joint development of the E/E architecture, reaching key milestones at what's being called "China Speed," the companies said [https://seekingalpha.com/pr/20202222-xpeng-and-the-volkswagen-group-announce-entry-into-agreement-on-expanding-e-e-architecture] Friday.

Based on the shared strategic objective to expand the application scope of the E/E architecture within the Volkswagen Group and realize cross-platform and cross-powertrain platformization, both parties have agreed on expanding the E/E architecture technical collaboration.

The signing of this agreement marks that the E/E architecture will be not only integrated into Volkswagen's electric vehicle platforms, but also deployed across its ICE (internal combustion engine) and PHEV (plug-in hybrid electric vehicle) platforms in China.

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