XPeng Inc ADR
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XPeng Is a Leading NEV Manufacturer With Advanced In-House Autonomous Driving Technology
Business Strategy and Outlook
XPeng is a leading electric vehicle manufacturer in China, targeting the midrange to high-end segment and tech-savvy consumers. It is mass producing eight pure electric models, including the G3/G3i compact sport utility vehicle, or SUV; P7 midsize sedan; P5 compact sedan; G9 midsize SUV; G6 compact SUV; X9 multipurpose vehicle and Mona 03 compact sedan. Retail prices of the current model portfolio range from CNY 120,000 to CNY 420,000 for popular trims, which offer a driving range of roughly 460-700 km. XPeng plans to launch at least 10 new cars for its new model pipeline in 2025-27.
