Clifford Chance counsels Volkswagen on its agreement with XPENG to jointly-develop electric vehicles in China
21 March 2024
- Ling Ho, Kelly Gregory, Yong Bai, Dimitri Slobodenjuk, , Sharon Zhang, Charmaine Kwong, Arne Gayk
- Hong Kong, Shanghai, Beijing, Düsseldorf
Clifford Chance counsels Volkswagen on its agreement with XPENG to jointly-develop electric vehicles in China
Global law firm Clifford Chance has counseled Volkswagen Group on the international aspects of the technical collaboration agreements, with electric vehicle manufacturer XPENG on platform and software collaboration for two mid-size Volkswagen-brand vehicles, following Volkswagen's US$700 million strategic minority investment in XPENG representing 4.99% of its outstanding share capital in December 2023.
Partners Ling Ho and Kelly Gregory led the Clifford Chance team in Hong Kong, Shanghai, Beijing and Dusseldorf. The team also included partners Yong Bai and Dimitri Slobodenjuk, counsel Zibo Liu and senior associates Sharon Zhang, Charmaine Kwong, Peter Zhao and Arne Gayk.
Ling said, "We are delighted to support companies' strategies to make mobility more sustainable. We are proud to bring together our expertise in cross-border transactions, IP, antitrust and technology collaborations for the swift completion of the transaction."
高伟绅就大众汽车集团与小鹏汽车签订在中国联合开发电动汽车的协议提供法律服务
国际领先律师事务所高伟绅就大众汽车集团与电动汽车生产商小鹏汽车签订有关两款大众品牌中型汽车的平台和软件技术合作协议提供国际法律服务。此前,高伟绅还曾就大众汽车集团于2023年12月向小鹏汽车进行7亿美元的战略少数股权投资并收购小鹏汽车4.99%的已发行股本的交易提供国际法律服务。
本项目团队由高伟绅香港、上海、北京和杜塞尔多夫办公室的成员组成,并由合伙人何秀仪和 Kelly Gregory共同领导。主要团队成员还包括合伙人柏勇和Dimitri Slobodenjuk、刘子博、张思航、邝芍敏、赵欣佳和Arne Gayk。
何秀仪律师表示:我们非常高兴能够为企业的移动出行可持续战略提供支持。凭借高伟绅在跨境交易、知识产权、反垄断和技术合作领域的专业实力,我们非常荣幸为本交易的快速交割提供法律服务。