Vie Science's Unit to Supply Parts for Alibaba-Backed Xiaopeng's G3 SUV
Tang Shihua
/SOURCE : Yicai
Vie Science's Unit to Supply Parts for Alibaba-Backed Xiaopeng's G3 SUV

(Yicai Global) July 10 -- An Anhui-based unit of auto parts firm Vie Science & Technology will supply Alibaba-sponsored internet electric car maker with components.

Vie Automobile Parts will provide Xiaopeng Motors twist-beam rear suspension and front subframe products for the latter's upgraded G3 2.1 sport utility vehicle, the Zhejiang province-based car parts parent said in a statement. 

Xiaopeng revealed the first G3 in January at the Consumer Electronics Show in Las Vegas. The Guangzhou-based firm has gained support from Alibaba, which is believed to hold at least a 10-percent stake in it after leading a funding round worth USD350 million in the same month.

Xiaopeng, founded in 2014, plans to expand overseas and generate USD2.7 billion in growth this year. Pre-sales of the first model started in China in April. 

Editor: Emmi Laine 

 

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Keywords: Electric Vehicle , Smart Vehicle , Parts Supplier , XPENG Motor , Vie Science & Technology , NEV , Vie Automobile Parts