Volkswagen Group to launch new models, partner with China's Xpeng Motors

Volkswagen Group plans to launch four new models starting in 2026 that will be similar in size to the Tiguan and priced around 20,000 euros. The new models are expected to be profitable for the company. In addition, Volkswagen will cooperate with Chinese electric car maker Xiaopeng Motors to develop two B-segment models. The Audi brand will also cooperate with SAIC Group to launch three smart electric models.