✉news BusinessBusiness first seen 12 h ago, last 8 min ago, peak #1
Volkswagen's Xpeng bet struggles to revive its China business
Original: Volkswagen bet on Xpeng to save its China business. It's not going to plan
Volkswagen's partnership with Chinese electric vehicle maker Xpeng, intended to turn around its struggling position in China, is falling short of expectations. The German automaker had hoped the alliance would deliver competitive electric models for the world's largest car market, but the strategy is reportedly not going according to plan, raising questions about the company's future in China.
Why now: Volkswagen is one of the world's largest automakers and its struggles in China, its biggest market, have major implications for the global auto industry.
Rank over time, top of the chart is #1. 18 snapshots from 12 h ago to 8 min ago.
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