On April 9, Motors established Guangzhou Xpeng Trading Co., Ltd. as a wholly-owned subsidiary, according to data from Tianyancha.

The company's registered capital is 10 million yuan, and its legal representative is Xpeng co-founder and vice president He Tao.

Its business scope includes import and export of goods, technology import and export, engineering and technical consulting services, auto sales, auto parts wholesale, auto parts retail, charging pile sales, auto charging module sales, etc.

It is wholly-owned by Guangzhou Orange Xingzhidong Automobile Technology Co., Ltd., the operating entity of Xpeng.

Recently, Xpeng has invested in a number of companies, including the establishment of Guangdong Xpeng Industrial Holdings Co., Ltd. with a capital of 500 million yuan, the establishment of Zhaoqing Xpeng New Energy Investment Co., Ltd. with a capital of 100 million yuan, and the establishment of a new energy research institute with Byton Motors.