XPENG Expands European Presence: Appoints Hedin Mobility Group as Distributor and Importer for Switzerland, the Czech Republic, and Slovakia

XPENG Motors, a leading Chinese electric vehicle (EV) manufacturer, has announced a strategic partnership with Hedin Mobility Group, appointing them as the official distributor and importer for Switzerland, the Czech Republic, and Slovakia. This move further strengthens XPENG's presence in Central Europe and aligns with its global expansion plans.

Hedin Mobility Group, one of Europe's largest mobility providers, will represent XPENG at 24 retail locations across Germany, with plans to grow to 120 retail locations by the end of 2026. This expanded network will provide more opportunities for customers to interact with XPENG's products, increasing brand visibility and accessibility. Additionally, Hedin Mobility Group is also a retailer for XPENG in Belgium and Luxembourg, further solidifying its position as one of the continent's largest mobility providers.

The partnership with Hedin Mobility Group underscores XPENG's commitment to delivering innovative and sustainable mobility solutions in the European markets where the company operates. This strategic alliance can help XPENG establish a stronger foothold in the competitive European market and enhance its brand image in the region.

XPENG is committed to Europe, having entered the European car market in Norway in 2021. Since then, the company has introduced advanced technologies and solutions, now operating in Germany, France, the United Kingdom, Norway, Denmark, Sweden, Finland, Iceland, the Netherlands, Belgium, Luxembourg, Spain, Portugal, Ireland, and soon also in Switzerland, Poland, the Czech Republic, and Slovakia, with ambitions for more expansion. The company plans to operate in more than 60 global markets by the end of 2025, with an ambitious goal of achieving half of its sales from overseas markets.

The company has successfully launched three vehicles in Europe - the sleek P7 sedan, the popular G9 flagship SUV, and the ultra-smart G6 coupe SUV - each of which has earned the prestigious Euro NCAP 5-star safety rating. All models will be available in Switzerland, the Czech Republic, and Slovakia, providing consumers with a range of options to choose from, catering to different preferences and needs.

XPENG has a DNA resolutely built around technology, which inspires it to think and contribute to the future of mobility. The passion demonstrated by its teams enriches the group's mission, which is to place the user at the heart of its creative process, to offer a simpler, more eco-conscious and enriching travel experience for European society, thanks to technological innovation.

In conclusion, XPENG's partnership with Hedin Mobility Group and its expansion into Switzerland, the Czech Republic, and Slovakia contribute to the company's growth and revenue diversification by strengthening its market presence in Central Europe, accessing new customer segments, and aligning with its global expansion plans. The introduction of XPENG's three models in these new markets further enhances the company's commitment to innovation and customer satisfaction, ultimately driving sales and customer loyalty.