XPENG announces dealer partnerships in UAE, Egypt, Azerbaijan, Jordan and Lebanon
February 21 2024 - 8:30PM
XPENG announces dealer partnerships in UAE, Egypt, Azerbaijan,
Jordan and Lebanon
XPENG Motors (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868),
a leading Chinese smart electric vehicle (“Smart EV”) company,
today announces its latest long-term strategic partnership with UAE
dealership group Ali&Sons.
Brian Gu, Vice Chairman and President of XPENG
with H.E. Ali bin Khalfan Al Mutawa Al Dhaheri, Founder and
Chairman of Ali&Sons.
As part of XPENG's international expansion plans, a
growing list of new partners from XPENG's strategic markets have
joined XPENG in bringing the brand's latest smart EVs to local
consumers, including:
-
Egypt, RAYA
-
Azerbaijan, SR Group
-
Jordan, T Gargour and Fils
-
Lebanon, Gargour Asia SAL
From right: Medhat Khalil, Chairman Raya Holding,
and Mohamed El Naggar, CEO Raya AutoFrom left: Ahmed Khalil, CEO
Raya Holding, and Wang Ke, GM Xpeng MEA Region
XPENG global market dealer strategy focuses on
establishing partnerships with local dealers to create a
first-class distribution, sales, and service network in various
regions. The partnerships will enable XPENG to bring its latest
smart EVs to local consumers with branded showrooms, after-sales
support, and comprehensive guidance through each stage of the
buying process.
XPENG will offer the G6 SUV and G9 SUV models in
UAE from Q3 2024. Developed for global markets, both the G6 and the
G9 are underpinned by XPENG's evolutionary Smart Electric Platform
Architecture (SEPA) 2.0 platform, which sets the foundation for
future production models while reducing development and
manufacturing costs.
XPENG started P7 sedan and G9 SUV deliveries in
Israel and Azerbaijan in late 2023. This year, XPENG will start
delivering these vehicles in Jordan and Lebanon from Q2, and in
Egypt from Q3. The P7 is XPENG's bestseller, with over 100,000
sales in two years since its global launch.
Alex Tang, GM of International Markets, XPENG,
said: "The new markets we are announcing today are
recognised globally as the nucleus for EV growth,
which makes this the natural and forward-thinking next step in our
expansion into the EMEA market. At XPENG, our ambition is
to become a leading player in the smart EV sector. We are committed
not only to developing products that address local customer needs
but also to bringing leading technologies and high quality to
global customers."
The partnerships mark several "firsts" for XPENG on
its road to globalisation, with the UAE being the first market
XPENG entered in the Gulf region, along with Azerbaijan as the
company's first in Central Asia and Egypt as the first in Africa.
Expansion into additional European markets including Germany, the
UK, Italy, and France is also set in parallel for this year.
About XPENG
XPENG is a global smart electric vehicle company
founded in 2014 in Guangzhou, China, developing clean, intuitive,
and creative mobility solutions. With industry-leading R&D
facilities, XPENG is bringing vehicles with superior safety,
electric efficiency, and on-road performance to markets across the
globe. The company is constantly working to advance its core
technology offering, including autonomous driving capabilities,
SEPA 2.0, and captivating in-car infotainment systems. XPENG has
headquarters in Guangzhou and Amsterdam, with additional offices in
Beijing, Shanghai, and Silicon Valley.
Contacts:For Media
Enquiries:Email: pr@xiaopeng.com
Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/181fe711-047f-47c4-9031-367f11e96e3f
https://www.globenewswire.com/NewsRoom/AttachmentNg/ff2a0ac0-109b-468e-b1b3-d055e78c7f74
https://www.globenewswire.com/NewsRoom/AttachmentNg/f72e0cf7-d51b-4db3-9121-822ad42c94a4
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