- Xpeng will focus on core markets including Mexico, Brazil, and Colombia in Latin America in 2026, aiming for full regional coverage by 2028.
- Xpeng's long-term goal is for its overseas business to contribute more than 70% of its profit by 2030.
Xpeng officially entered the Mexican market on Thursday, marking a crucial step in its global strategy to deepen its presence in Latin America.
The Chinese electric vehicle (EV) maker launched the G6 and G9, two of its mid-to-high-end sport utility vehicle (SUV) models, in Mexico.
The Xpeng G6 is available in three variants in Mexico, with prices ranging from 819,900 pesos ($45,734) to 919,900 pesos.
The G9 is offered in two variants, priced between 1,099,900 pesos and 1,259,900 pesos.
Partnering with three local dealers, Xpeng has established a presence in the core cities of Mexico City, Guadalajara, and Monterrey, with the first batch of authorized stores set to open on April 6 local time.
The company has set up a 1,000-square-meter spare parts warehouse in Mexico and built a smart logistics system.
The company defines 2026 as a breakthrough year for its Latin American market, focusing primarily on core markets such as Mexico, Brazil, and Colombia.
It plans for 2027 to be a year of comprehensive expansion in Latin America, introducing a dual-powertrain lineup of pure electric and extended-range electric vehicles while continuing to deepen its roots in markets like Chile and Argentina.
The Chinese EV upstart has ambitious plans for the region, aiming to achieve full coverage of the entire Latin America by 2028.
Through these strategic moves, Xpeng hopes to solidify its leading position in the local smart mobility sector.
The overseas expansion follows its strong financial performance. Xpeng reported a net profit of 380 million yuan ($55 million) in the fourth quarter of 2025, marking its first-ever quarterly profit since its inception.
The company is making overseas markets one of its core growth drivers, having sold about 45,000 vehicles abroad in 2025.
Xpeng's management reiterated during a recent earnings call that it aims to double its overseas sales in 2026.
Overseas markets currently account for more than 15% of the company's revenue, and its long-term goal is for international business to contribute over 70% of its profit by 2030.
Xpeng's global sales network has exceeded 1,000 outlets, expanding its international footprint to 60 countries.
($1 = 17.9253 Mexican pesos, $1 = 6.9119 yuan)
