XPeng Jumps 11%. VW Anhui Files for Sport Utility Vehicle, 1st Model Built in Tie-up with Xpeng

Volkswagen Anhui, the majority-owned Chinese joint venture of German automaker Volkswagen, has filed for the ID.UNYX 08 SUV (sport utility vehicle), signaling the imminent launch of the first model built through Volkswagen's collaboration with Xpeng.

XPeng’s U.S.-listed shares jumped 11% on the news.

China's Ministry of Industry and Information Technology (MIIT) today released its latest catalog of vehicles awaiting sales approval for public comment, which includes Volkswagen Anhui's ID.UNYX 08 electric SUV.

Public feedback can be submitted between November 11-17. Inclusion in this catalog represents the final major regulatory step before a vehicle can be sold in China.

The two companies would co-develop two Volkswagen-branded models based on Xpeng's G9 platform and its Connectivity and ADAS (Advanced Driver Assistance System) software, with production expected to commence in 2026, according to a statement at the time.