\tXpeng in talks to relieve VW’s EU overcapacity problem | Automotive World<\/p>\n
Xpeng’s search for European brownfield, alongside BYD’s, reveals Chinese OEMs no longer want a foothold in Europe: they want the keys. By Stewart Burnett<\/p>\n Xpeng is engaged in talks with Volkswagen and other global automakers about acquiring a factory in Europe, as the Chinese electric vehicle (EV) maker’s existing contract manufacturing arrangement approaches its capacity limits. Elvis Cheng, Xpeng’s Managing Director for Northeastern Europe, confirmed the discussions at the Financial Times Future of the Car summit in London on 13 May.<\/p>\n Subscribe to Automotive World to continue reading<\/p>\n Sign up now and gain unlimited access to our news, analysis, data, and research<\/p>\n Subscribe<\/a><\/p>\n Already a member? <\/p>\n Xpeng in talks to relieve VW’s EU overcapacity problem<\/a><\/p><\/blockquote>\n
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