Volkswagen Group China Strategy and BEV Outlook slide image

Volkswagen Group China Strategy and BEV Outlook

VOLKSWAGEN GROUP New strategic partnership with Xiaopeng Motors ("XPeng") Acceleration for VW brand Unique Partnership Tailored & competitive >>> ICV 1 product offerings Optimize cost base with >>> focus on B-segment 2 model launches starting early 2026 Strengthening "in China for China" strategy Technical collaboration « for the Chinese market Strategic minority investment of approximately 4.99% 2 Leveraging latest tech platform, connectivity & ADAS software Joint development VOLKSWAGEN GROUP + XPENG of next ICV generation 3 < < 1. ICV = Intelligent connected vehicle | 2. Volkswagen AG will buy for a total amount of approximately US$ 700 million newly issued shares via capital increase at US$15 per American depositary share, representing approximately 4.99% of Xiaopeng Motors ("XPeng") outstanding share capital after the capital increase | 3. In discussion between both parties 10
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