Cairo, June 11, 2024: XPENG Motors (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868) and Raya Auto, a prestigious subsidiary of Raya Holding, introduced the XPENG P7 sedan and XPENG G9 SUV to the Egyptian markets. Through the strategic partnership with Raya Auto in Egypt, XPENG makes its first entry in Africa. The grand product launch event was held at the Grand Egyptian Museum in Cairo to celebrate this seminal accomplishment.

XPENG presents a significant enhancement to the automotive market in Egypt and Africa as it is the first Chinese smart EV brand to launch pure electric cars in Egypt and Africa, which demonstrates its commitment to advancing sustainability and strengthening its influence in the area. 

Intelligence: Highly Competitive By Market Standards

With the integration of cutting-edge intelligent cabin systems and the timely Over-The-Air (OTA) update mechanism, XPENG vehicles offer drivers the ability for an enhanced driving experience. With other significant advances in autonomous driving, intelligent cabin systems, and ultra-fast charging, XPENG sets G9 & P7 apart from other electric vehicles in the Egyptian market.

Partnership Brings Top-quality Service To Egypt

Raya Auto provides convenient home charger installation services, and operates authorized service centers in both East and West Cairo, with the addition of two upcoming showrooms by the end of year 2024 – one of these showrooms has already discreetly begun operations in Sheikh Zayed, situated along the prestigious 26(th) of July Corridor. Raya Auto’s ambitious vision encompasses a diverse array of XPENG cars in the Egyptian market, complemented by comprehensive post-sales support and a steadfast commitment to stringent quality standards, all aimed at delivering an unparalleled customer journey.

Envisioning A Promising Future For Sustainable Mobility

Wang Ke, General Manager of the XPENG MEA region, expressed his pride in introducing XPENG vehicles to Egypt. He said: "Our company is confident in the promising opportunities that lie within the Egyptian market, and we are enthusiastic about introducing cutting-edge and environmentally-friendly electric vehicle technology to consumers in Egypt. We anticipate great success in the market."

Medhat Khalil, Founder and Chairman of Raya Holding for Financial Investments, expressed his delight at the company's venture into the automotive sector through Raya Auto, highlighting it as a significant achievement and a promising beginning for expanding the company’s offerings and introducing innovative services to Egyptian clientele. He remarked: "We are honored to collaborate with the esteemed XPENG company, which has selected us as its exclusive partner in Egypt." Respectively, Mohamed El Naggar, CEO of Raya Auto, underscored the critical necessity of transitioning towards electric vehicles in Egypt to combat carbon emissions and cultivate a greener tomorrow for generations to come.

About XPENG

XPENG is a global smart electric vehicle company founded in 2014 in Guangzhou, China, developing clean, intuitive, and creative mobility solutions. With industry-leading R&D facilities, XPENG is bringing vehicles with superior safety, electric efficiency, and on-road performance to markets across the globe. The company is constantly working to advance its core technology offering, including autonomous driving capabilities, SEPA 2.0, and captivating in-car infotainment systems. XPENG has headquarters in Guangzhou and Amsterdam, with additional offices in Beijing, Shanghai, and Silicon Valley.

About Raya Auto

Established in 2018, Raya Auto, a subsidiary of Raya Holding in Egypt, focuses on manufacturing mobility solutions by assembling and distributing modern EVs to the Egyptian market. Being a premier manufacturer of scooters, motorcycles, and light commercial vehicles in Europe, solidifying its position as a key player in the automotive sector.

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