不止电车！小鹏大众扩大合作，联合开发架构要应用到燃油车

Core Insights - The partnership between Xiaopeng Motors and Volkswagen Group has expanded from electric vehicles to include fuel and plug-in hybrid vehicles, indicating a broader collaboration in electronic and electrical architecture technology [2][4][8] Group 1: Partnership Expansion - On August 15, Xiaopeng Motors and Volkswagen Group signed an agreement to expand their strategic cooperation in electronic and electrical architecture technology, which will now be integrated into Volkswagen's fuel and plug-in hybrid vehicle platforms in China [2][4] - The initial collaboration began with a framework agreement in April last year, focusing on integrating Xiaopeng's latest electronic architecture into Volkswagen's CMP platform [4][5] - The expanded cooperation is expected to significantly increase the number of vehicles equipped with this electronic architecture in the Chinese market, enhancing both companies' competitive edge [8][9] Group 2: Financial Impact - In the first quarter of this year, Xiaopeng Motors reported a substantial increase in service revenue, with a profit margin exceeding 66%, largely attributed to its collaboration with Volkswagen [4][8] - Xiaopeng's service and other income reached RMB 1.44 billion (approximately USD 200 million), marking a year-on-year increase of 43.6% and a quarter-on-quarter increase of 0.5%, driven by technology development services related to the partnership [8] - The high gross margin from the collaboration is expected to provide Xiaopeng Motors with ongoing and significant revenue as the technology is applied to more fuel vehicles [9]