XPENG Announces Entry Into the German Market
XPENG Motors (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today shared updates on its international business at IAA Mobility, including the news of its entrance into the German market in 2024.
- XPENG Motors (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today shared updates on its international business at IAA Mobility, including the news of its entrance into the German market in 2024.
- "Today represents an important step on our international expansion journey," says Brian Gu, Vice Chairman and Co-President of XPENG.
- In July, XPENG and the Volkswagen Group entered into a long-term strategic partnership that will empower both parties to explore long-term collaboration opportunities.
- XPENG G9 and P7 also claimed the top two spots in the range test, with a 13% and 10% increase in real-world range compared to their stated WLTP range, respectively.