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A Second Look: Discussing Volkswagen and its Xpeng partnership
Ticker(s): XPEV, VLKAF, RIVNWho's the expert?
Institution: Ven
- Aerospace engineer turned product manager.
- Worked for NASA and Amazon on autonomous vehicles and drones. Worked for Waymo (Google) on autonomous vehicles and fleet electrification, worked for Starlink (SpaceX), and for Rivian. Now has own data science company focused on electric vehicles
Interview GoalDiscussing Volkswagen and its Xpeng partnership, specifically discussing this quote:
“With cost reduction through technical improvement and revenues from technical collaboration in our strategic partnership with Volkswagen, our gross profit margin in the second quarter of 2024 has further increased to 14.0%,” said Dr. Hongdi Brian Gu, Honorary Vice Chairman and Co-President of XPENG.”
Similarly, Rivian also has a VW partnership. They would also like to know if Rivian will experience a similar margin boost due to the VW partnership.
“With cost reduction through technical improvement and revenues from technical collaboration in our strategic partnership with Volkswagen, our gross profit margin in the second quarter of 2024 has further increased to 14.0%,” said Dr. Hongdi Brian Gu, Honorary Vice Chairman and Co-President of XPENG.”
Similarly, Rivian also has a VW partnership. They would also like to know if Rivian will experience a similar margin boost due to the VW partnership.
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