On the Dash: Xpeng is looking to turn its EV technology into a broader business by licensing systems to other automakers and suppliers. Its Volkswagen partnership shows the potential for technology services to deliver significantly higher margins than vehicle sales. The expansion highlights how Chinese automakers are increasingly commercializing software, electronics and driver-assistance technology outside their own vehicle brands. Xpeng is actively pursuing additional global technology partnerships as it seeks to create new revenue streams beyond vehicle sales. The Chinese electric vehicle (EV) manufacturer has reached out to potential partners interested in its technology, according to sources familiar with the situation, as it looks to expand beyond its existing partnership…
