MikeTrendsTrends right now

✉news BusinessBusiness first seen 5 h ago, last 12 min ago, peak #1

Volkswagen's Xpeng partnership struggles to revive China sales

Original: Volkswagen bet on Xpeng to save its China business. It's not going to plan

Volkswagen's partnership with Chinese electric carmaker Xpeng, intended to rescue its struggling business in China, is failing to deliver the expected turnaround. The German automaker had hoped that collaborating with Xpeng on new models and technology would help it win back Chinese buyers in the world's largest car market, but the plan is described as not going according to plan.

Why now: Volkswagen's high-profile bet on a Chinese partner to fix its weakest major market appears to be underperforming, a major concern for the global auto industry.

VolkswagenXpengChina

Open on news →

Rank over time, top of the chart is #1. 8 snapshots from 5 h ago to 12 min ago.

Evidence

API: https://socialmediatrends-api.osmike.com/v1/trends/2957426