- Xpeng targets doubling its overseas sales in 2026, after selling about 45,000 vehicles in international markets in 2025.
- Xpeng's long-term goal is for its overseas business to contribute over 70% of its profits by 2030.
Xpeng is accelerating its global expansion and will officially enter the Mexican market on March 25, as it targets doubling its overseas sales this year.
The company will debut its G6 and G9 sport utility vehicle (SUV) models in Mexico, chairman and CEO He Xiaopeng announced Saturday on Weibo. This marks a significant step in its Latin American market strategy.
Amid intensifying domestic competition and slowing demand growth, the Chinese electric vehicle (EV) maker is accelerating its push into international markets.
The overseas expansion follows a strong financial performance, with Xpeng posting a net profit of 380 million yuan ($50 million) in the fourth quarter of 2025, marking its first quarterly profit since inception.
Xpeng is positioning overseas markets as a core growth driver, having nearly doubled its international vehicle sales to about 45,000 units in 2025.
The company's management reiterated the goal of doubling its overseas sales in 2026 during an earnings call yesterday.
Revenue from overseas markets currently accounts for more than 15% of the company's total, and its long-term goal is for international business to contribute over 70% of its profits by 2030.
As its overseas expansion rapidly advances, Xpeng's global sales network has surpassed 1,000 locations, expanding its international footprint to 60 countries.
($1 = 6.8864 yuan)
