Wolong Electric will Provide New Energy Vehicle Motors and Spare Parts for Xpeng Motors

SHANGHAI, Mar 29 (SMM) - Wolong Electric announced that its holding subsidiary Wolong-ZF JV recently received the notice of designated development from Xpeng Motors, and the company will provide new energy vehicle motors and spare parts for Xpeng Motors. The products corresponding to the notice cover a platform project in Xpeng Motors, with a fixed amount of 456 million yuan.

Disclaimer:

The above representation and data is based on market information SMM believes to be reliable at the time of acquiring as well as the comprehensive assessment by SMM research team, and any and all information provided in this article is for reference only. This article does not constitute a direct recommendation for investment or any decisions in any form and clients shall act on their own discreet and any decisions made by clients are not within the responsibility of SMM.