Xpeng Chases Tech-Licensing Deals as Car Business Bleeds
Xpeng's services revenue nearly doubled on its Volkswagen deal, but its net loss nearly tripled and vehicle margin fell to 12.1% as it chases new licensing partners.
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Volkswagen
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Xpeng's services revenue nearly doubled on its Volkswagen deal, but its net loss nearly tripled and vehicle margin fell to 12.1% as it chases new licensing partners.