Xpeng
Xpeng to enter Singapore market by H2 2024, report says
Xpeng recently appointed Premium Automobiles in Singapore as its dealer, and its first model to retail there is expected to be the G6 SUV, according to The Straits Times.
Xpeng to launch new brand within 1 month, targeting lower-priced market
Xpeng will launch a new brand in the next month, targeting markets priced between RMB 100,000 and RMB 150,000, the company's CEO said.
Xpeng's 2 remaining co-founders exit from core management team
The remaining two of Xpeng's three co-founders have exited from the core management team, with the team led by chairman and CEO He Xiaopeng taking full reign of the company.
Xpeng Aeroht's X2 flying car flies over Guangzhou's central city for 1st time
The flight validated that Xpeng Aeroht's products can meet the demands of use in complex urban environments, the company said.
Xpeng CEO asks execs to have 5,000 km of hands-on experience before flying cars go on sale
Xpeng's CEO believes the low-altitude economy will begin to make inroads into people's lives next year and the year after that, and will see it grow larger and larger over the next 5 to 20 years.
Xpeng reportedly asks dealers to stock up on inventory as it begins to rely more on traditional sales model
Xpeng is asking dealers to purchase vehicles for half of their target sales each month, rather than requiring them to purchase the entirety of their target sales as traditional brands do, according to local media.
Xpeng extends discounts for G6, G9, P7i
These discounts are a continuation of the February offer, bringing the G6's starting price down to RMB 189,900.
Xpeng delivers 4,545 cars in Feb, down 45% from Jan
"With the capacity ramp-up and the debottlenecking of certain components' supply post-Chinese New Year, we will accelerate the delivery of the X9 in March," Xpeng said.
Xpeng says its XNGP assisted driving feature becomes available on all roads in China
Xpeng will begin development of a globally available highway NGP in 2024 and a globally available XNGP in 2025.
Xpeng, VW ink joint sourcing program to reduce platform costs
The joint sourcing program will reduce platform costs by sharing the combined scale of the two companies and leveraging Volkswagen's supply chain, Xpeng said.
