The move comes during a time when companies are trying to get their share of the EV market that is booming in China.

In late 2022, Volkswagen ceded its title of best-selling car brand in China to local EV manufacturer BYD.

As a significant aspect of the agreement, Xpeng is set to introduce an A-class model under a new brand, tentatively named MONA.

While the specific role at Nvidia hasn’t been disclosed, sources indicates Wu might assume the position of Head of Automotive Products.