Xpeng Plans to Expand its Business Around the World 

Xpeng Plans to Expand its Business Around the World 

Electric vehicles gained popularity all over the world and China is not an exception. On the contrary, the country is home to many electric carmakers and one of them is Xpeng. It delivered 8,040 vehicles in July-a monthly record and a 228% increase year-on-year. 

 The company from Guangzhou began shipping its flagship P7 model to Norway. For the first time in its history, Xpeng shipped its flagship model to a market outside of China. 

The company’s first international market is Norway. The carmaker already delivered some units of its G3 SUV to customers in Norway. Last year, more than 50% of all new cars sold in the country were electric, based on the information provided by the government. So, it is not surprising that Xpeng decided to exports its electric car to Norway, as people in Norway are willing to buy electric cars. Xpeng’s rival Nio also plans to deliver cars to Norway in 2021.

Xpeng and Norway 

A localized Norwegian version of its flagship sedan is manufactured in the company’s factory in Guangdong province. The carmaker from Guangzhou expects to deliver its P7 models in Norway in the fourth quarter of the year. 

The company’s press release also included other interesting information. It is also accelerating its move to establish a full-scale Norwegian operation that includes customer experience, sales, etc. 

The carmaker is working hard to increase its production capacity. It also wants to offer more models as the electric vehicle market is growing around the world. In August, the Guangzhou-based company said it plans to double its production capacity at one of its major plants. This year, the electric carmaker launched another sedan called P5, which starts at a cheaper price than Tesla’s Model 3. The company also plans to export its P5 sedan at some point in the future.