XPeng Plans to Double Global Presence to 60 Markets by 2025

Chinese electric vehicle manufacturer XPeng is set to double its global presence by expanding into 60 international markets by the end of this year, as announced by CEO He Xiaopeng at a recent press event in Guangzhou. Currently operating in approximately 30 countries, XPeng aims to establish over 300 after-sales service points globally and expects that half of its sales will come from outside China by 2023. The company is launching shipments of its flagship model, the X9, to Thailand, marking a significant step in its 'go-global 2.0 strategy' that targets regions including Europe and Southeast Asia. XPeng plans to enhance its infrastructure with ultra-fast charging stations in Thailand and Hong Kong, while also preparing to test its autonomous driving systems in international markets. Despite facing challenges such as high import tariffs from the European Union, XPeng is betting on its innovative features to carve a niche in the competitive EV market. The rise of XPeng highlights the increasing globalization and ambition of Chinese automakers in the electric vehicle sector.