On March 29, XPeng Motors announced its official entry into the German market. In May of this year, the company plans to start selling its two models, XPeng G9 and XPeng P7, in Germany.
The price range of the XPeng G9 model is 57,600 to 69,600 euros, and the price range of the XPeng P7 model is 49,600 to 69,600 euros. These two models have been launched in the four Nordic countries of Norway, Denmark, Sweden, and the Netherlands. These models are also planned to enter other European markets such as France, Italy, and the United Kingdom in the future.XPeng aims to capture 3% of the German new energy vehicle market by the end of this year. XPeng will cooperate with 12 local high-quality dealers to conduct business at 24 retail points in Germany. Their goal is to increase the number of dealers to 60 and to expand retail locations to 120 by the end of 2026 to provide European customers with a more comprehensive service experience.Since the start of this year, XPeng Motors has accelerated its internationalization. The company’s chairman and CEO, He Xiaopeng, mentioned in an internal open letter in February, “This is the first year that XPeng Motors’ high-end smart driving will go global from China, and it will deploy core markets in Europe, ASEAN, the Middle East, Latin America, Oceania and other regions.”On Feb. 22, XPeng established a strategic partnership with UAE dealer group Ali&Sons, and it plans to launch multiple models in five countries in the Middle East and Africa in the second quarter.In addition, on March 26, XPeng also established long-term strategic partnerships with Thai dealer group Neo Mobility Asia, Singapore Premium Automobiles, Malaysian Bermaz Auto, and other partners. The company plans to launch the right-hand drive version of the XPeng G6 model in Thailand, Singapore, and Malaysia, and the company is aiming to start delivery in the third quarter of this year.Markus Schrick, Country Head of XPeng Germany, said: “Entering the German market is a key milestone for XPeng Motors. We are delighted to have a presence in one of the most competitive automotive markets in the world and will soon invite Our new customers have personally experienced the charm of G9 and P7 products. Through the dealer network established in the early stages, our products will be displayed and open for test drives at 24 retail locations in Germany.”More By This Author:BYD Slows Down Plans To Build Factory In Vietnam Weimob Inc. Announces 2023 Annual ReportStellar Q4 & Full Year 2023: NaaS Records 245% YoY Revenue Growth And 14-Fold Gross Profit
