Volkswagen Group China said on Monday that it is to build an ultra-fast charging network with Xpeng, which is to feature over 20,000 terminals across 420 cities and regions in China. The move follows the two companies' partnership in developing electric vehicles in the Chinese market, the first of which is expected to hit the market in 2026.

Volkswagen China announced on Monday forging a partnership with Xpeng, a major Chinese electric vehicle (EV) manufacturer, to jointly build a fast charging network for running EVs in China, the company told the Global Times.

Xpeng Motors has entered into a memorandum of understanding with Volkswagen to develop an ultra-fast charging network in China. This collaboration entails sharing their existing charging networks and jointly constructing new co-branded ultra-fast charging stations,

Dow Jones Newswires is a market-moving financial and business news source, used by wealth managers, institutional investors and fintech platforms around the world to identify trading and investing opportunities, strengthen advisor-client relationships and build investor experiences. Learn More. Back To Top

Xpeng Motors and Volkswagen are expanding their partnership to enhance ultra-fast electric vehicle charging networks in China. A memorandum of understanding will allow mutual access to over 20,000 charging piles across 420 cities.