Market Chatter: Volkswagen to Start Mass Production of Full-Size Electric SUV with Xpeng

MT Newswires Live03-13 19:20

Volkswagen will start mass producing the ID. UNYX 08 model jointly developed with XPeng (HKG:9868), Reuters reported Friday.

The ID. UNYX 08, a full-size electric SUV, is part of the German automaker's largest-ever new energy strategy in China, according to the report.

Volkswagen and XPeng's jointly developed model will be on sale in the first half.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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