bestcryptogamesformobile| Xiaopeng Automobile (XPEV.US/9868.HK) and global giants deepen strategic cooperation, adding another milestone to the automobile industry

April seventeenthBestcryptogamesformobileXiaopeng Automobile and Volkswagen Group jointly announced the formal signing of the EEA Electronic and Electrical Architecture Technology Strategic Cooperation Framework Agreement.

Judging from the content of the agreement, the two sides will be Volkswagen in the Chinese market.BestcryptogamesformobileThe electric vehicle platform jointly develops the electronic and electrical architecture. At the same time, the EEA electronic and electrical architecture jointly developed by the two sides is expected to be used in Volkswagen brand electric models produced in China from 2026.

This means that strategic cooperation between the two sides has ushered in another "milestone" leap. On the basis of the third cooperation after "G9 platform full stack technical cooperation" and "joint procurement", that is, EEA architecture cooperation, the scope of cooperation between the two sides has expanded from the original cooperation in building cars to creating a new platform for Volkswagen brand electric vehicles in the Chinese market.

Why did Xiaopeng Motor and Volkswagen Group hit it off so soon?

From the specific cooperation content, it is not difficult to find that what Volkswagen sees is Xiaopeng's attainments and technological innovation capabilities in the field of intelligent electric vehicles. From the perspective of long-term development, this technological innovation capability corresponds to the fact that enterprises can accelerate the transformation of electrification and intelligence and win the great value of the second half of the industry.

Therefore, this cooperation more symbolizes the rise of the technological innovation capability of Chinese enterprises, which has reached the international leading level in the field of intelligent electric vehicles.

As a new force with science and technology genes, Xiaopeng Automobile's full stack self-research ability is the most prominent, in terms of products, intelligent driving, intelligent cockpit and other core competitiveness of the leading industry. Intelligence is the key to the final victory of the automobile industry. Xiaopeng Automobile has successfully marked the "intelligent" label with the layout of related fields.

Reflected in its technical capability, Xiaopeng Motor has formed a localized high-speed NOA and urban NOA landing program based on self-developed algorithms. This year, XNGP has been opened to more than 200 cities across the country. In the future, XNGP will expand the global market and demonstrate strong AI smart driving capabilities. At the same time, Xiaopeng Motor has industry-leading software architecture, integration, OTA speed, software cross-platform speed, based on the establishment of long-term strategic cooperation with Volkswagen Group, are also recognized by the industry giants.

It can be predicted that with the deepening of long-term strategic cooperation between the two sides, Xiaopeng Motor has explored a new business model by expanding the value of technology research and development. At present, Xiaopeng Automobile has become an embryonic form of "technical service provider", and its future development is expected to enter a new stage.

Citic Securities Research News pointed out that Xiaopeng has persisted in self-research on intelligent driving for many years, has been exploring the mode of technology realization, and cooperation with the public will help the company realize breakthroughs in technology. It is expected that the opening of technical service revenue recognition not only improves short-term profitability, but also opens the long-term ceiling.

At present, Xiaopeng's latest financial data maintain a strong momentum, with revenue exceeding 30 billion yuan in 2023. Thanks to the continued pick-up in delivery in the second half of 2023, more than 140000 vehicles were delivered last year, and the market share and brand influence continue to expand. It can be seen that Xiaopeng's technological innovation capability is continuing to achieve performance growth.

On this basis, Xiaopeng and Volkswagen deepen cooperation and empower each other, and achieve a win-win situation in technology, market, industrial chain, capital, channels and other dimensions in the future. Xiaopeng will expand its imagination and release its commercial potential in an all-round way.

Generally speaking, the cooperation between Xiaopeng Automobile and Volkswagen Group is undoubtedly another representative event in the global smart electric vehicle industry, which will give both sides more possibilities for development. Combined with Xiaopeng Automobile in technological innovation, product launch and steady growth in performance released a series of positive signals, its future valuation is expected to hit a new high, to create more surprises and returns for investors, it is worth looking forward to.

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