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- Feb 23, 2025
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Chinese EV maker Xpeng to double global presence to 60 markets in 2025, CEO says
Chinese electric vehicle (EV) maker Xpeng plans to expand to 60 international markets this year, doubling its current footprint in around 30 countries and regions, company chairman and chief executive He Xiaopeng said on Saturday.
He made the remarks at a port in Guangzhou, the capital of southern Guangdong province, where Xpeng launched global shipments of its flagship seven-seat multipurpose vehicle (MPV), the X9. A total of 300 right-hand drive versions of the X9 would be transported to Thailand, with deliveries to the owners starting immediately upon arrival.
He expects that by 2033 half of Xpeng’s sales volume will be generated from outside China. The firm generated 13 per cent of its 2024 sales volume from overseas, Xpeng vice-chairman and president Brian Gu said at the Consumer Electronics Show in Las Vegas last month.