Volkswagen's CEO has spoken to the carmaker's Chinese joint venture partners about their interest in investing in Europe but was not aware of any concrete decisions on their part, a VW spokesperson said on Tuesday.

Volkswagen may have an answer to its China woes in the form of a joint venture with XPeng, a Chinese automotive manufacturer. The two companies are working on new architecture that will underpin VW’s Chinese EVs. The first models should hit the market in 2026, and at least one will be an SUV.

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Volkswagen ( OTCPK:VLKAF) ( OTCPK:VWAGY) has discussed with Chinese partners such as SAIC, FAW Group, JAC Motors, and XPeng ( NYSE: XPEV) the possibility of the companies investing in plants in Germany, according to Chief Executive Oliver Blume.

Volkswagen is exploring the possibility of sharing its excess production lines in Europe with Chinese EV makers.

Car giant VW to wind down production at 2 factories; China could buy factories for foothold in Germany. Read more at straitstimes.com.

The company kickstarted development of China Electronic Architecture (CEA), a joint project of Volkswagen China Technology Company, Volkswagen's software unit CARIAD and XPENG. The CEA will develop a highly modern and cost-efficient electrical architecture that will be used in their vehicles from 2026.

HEFEI -- Volkswagen Group delivered over 2.9 million vehicles in the Chinese market in 2024 while its global vehicle deliveries surpassed 9 million last year, according to the German automaker. In the same year, the company sold more than 200,000 new energy vehicles in China, among which the sales of ID. models increased by 17 percent year-on-year.

Volkswagen (VWAGY) and its Chinese partners have discussed the possibility of investing in plants in Germany, Reuters reports, citing comments

According to a Bloomberg report, Volkswagen won’t release a new electric vehicle (EV) for another year in 2025, with key products being pushed back due to development delays. This only adds to the German automaker’s

China’s SAIC expects its full-year profit to come in at between RMB 1.5 and RMB 1.9 billion in 2024, representing a plunge of between 87% and 90%, due to

Through the strategic cooperation, XPENG and Volkswagen Group China aim to provide customers with a superfast charging network featuring over 20,000 charging piles and covering 420 cities across ...