The lack of a sufficiently large infrastructure for charging electric cars is one of the reasons why vehicles powered solely by electricity are not gaining in popularity as much as expected. This is quite understandable, because without the possibility of fast charging, traveling by electric car over long distances may turn out to be very burdensome, and in extreme cases it may end up somewhere in the field.
More than 20,000 will be created. charging points
Volkswagen and a Chinese electric car company Xpeng signed a memorandum of understanding in which they agreed to make their super-fast charging networks available to their customers, CNBC reported.Volkswagen and Xpeng will explore cooperation on co-branded super-fast charging stationsthe companies said. This cooperation is intended to lead to: launch of over 20 thousand charging points by both companies in 420 cities in China.
Olaf Korzinovski, executive vice president of Volkswagen Group China, said that thanks to strategic cooperation VW and Xpeng will create one of the largest super-fast charging networks in China. In his opinion, the new network will enable people to seamlessly integrate e-mobility with their everyday life not only in metropolises, but also in remote cities.
Turn towards China
Volkswagen has increased its interest in China. In 2023, VW invested approximately $700 million in Xpeng, acquiring 4.99%. shares in the company. The German carmaker aims to offer at least 30 fully electric models of its brands in China by 2030. Xpeng and Volkswagen also want to jointly develop two electric cars, which are expected to enter the Chinese market in 2026.