XPENG announces ASEAN partnerships in Thailand and Featured at the 45th Bangkok International Motor Show
26 March 2024 - 1:05AM
XPENG announces ASEAN partnerships in Thailand and Featured at the
45th Bangkok International Motor Show
XPENG Motors (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868),
a leading Chinese smart electric vehicle (“Smart EV”) company,
today announces its latest long-term strategic partnership in
Thailand with Neo Mobility Asia Co., Ltd., a joint venture between
Arun Plus Mobility Holdings Co., Ltd., a subsidiary of PTT, and
MGC-Asia GreenTech Co., Ltd.,
The partnership marks XPENG's international
footprint as it has entered ASEAN and led to the official launch of
XPENG at the 45th Bangkok International Motor Show.
As part of XPENG's international expansion plans, a
growing list of new partners from XPENG's strategic markets have
joined XPENG in bringing the brand’s latest smart EVs to local
consumers, including Premium Automobiles from
Singapore, and Bermaz Auto from
Malaysia.
The XPENG global market strategy focuses on
establishing partnerships with local importers/dealers to create a
first-class distribution, sales, and service network in various
regions. James Wu, Vice President of Finance & Overseas
Strategic Support Office, XPENG, said: "By entering new
markets strategically and offering a range of EV models tailored to
local customer needs, we aim to solidify our brand position as a
leading player in the smart EV sector on a global scale."
XPENG will offer the G6 SUV in Thailand, Singapore,
and Malaysia, and start delivering from Q3 2024. Developed for
global markets, the G6 is underpinned by XPENG’s evolutionary Smart
Electric Platform Architecture (SEPA) 2.0 platform, which sets the
foundation for future production models while shortening
development cycles and reducing manufacturing costs.
Contacts:For Media
Enquiries:Rosanne WuEmail: wuqr@xiaopeng.com
Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/fd43fb89-f099-43a8-8023-6e766f3334b6
https://www.globenewswire.com/NewsRoom/AttachmentNg/90de6d37-527d-4c09-8331-de5d18e2ef43
https://www.globenewswire.com/NewsRoom/AttachmentNg/c4094772-94dd-4b94-86fb-9affdf41a769
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