• XPENG partners with the Salvador Caetano Group to launch operations in Spain and Portugal. The initial model lineup includes the G6 ultra smart coupe SUV, the G9 flagship intelligent SUV, and the P7 sports sedan.

• XPENG's sales network in the Iberian Peninsula starts with 12 dealerships offering both sales and after-sales services.

LISBON, 26 September 2024 - XPENG Motors ("XPENG" or the "Company," NYSE: XPEV and HKEX: 9868), a leading Chinese AI mobility company, is accelerating its European presence with a dual-market launch in Spain and Portugal. These strategic milestones underline XPENG’s firm commitment to revolutionising AI-defined mobility across Europe, and set the stage for further market exploration.

Spain and Portugal Launch Event Visual Asset Library

The arrival of XPENG in Spain and Portugal, in partnership with the Salvador Caetano Group, marks a significant step in its expansion. The Salvador Caetano Group will be responsible for distribution in both markets. In Spain, XPENG has started operations by establishing a solid commercial and after-sales service network that includes 10 dealerships in major cities such as Madrid, Barcelona, Seville and Malaga. Meanwhile, in Portugal, XPENG has launched two points of sale in Lisbon and Porto, with plans to expand to seven dealerships by year-end and to 15 by the end of 2025.

"We are deeply committed to the European market, which is undergoing a transformation in electric and smart mobility, and we are excited about our ongoing efforts to expand our presence in the region, as demonstrated by our partnership with the Salvador Caetano Group," said Brian Gu, Vice Chairman and President of XPENG.

XPENG is expanding in Southern Europe with a 100% electric lineup, featuring the G6 ultra-smart coupe SUV, G9 flagship intelligent SUV, and P7 sports sedan. These vehicles are distinguished by their modern, dynamic design and advanced technology, including XPENG’s SEPA 2.0 architecture and the Tianji XOS 5.2 smart cabin system, which offers EV excellence and class-leading smart driving, superfast charging, and intuitive smart cabin features. Additionally, all three models have received Euro NCAP five-star ratings, reflecting their high safety standards.

"Design plays a central role in our product lineup. We have a talented team representing 16 different nationalities. Together, they combine creativity, cutting-edge technology, and advanced materials to deliver global products," said JuanMa López, Vice President of Design Center at XPENG. "Our design philosophy strikes a balance between emotion and rationality, which is evident not only in our current models but also in the revolutionary products we are developing, such as flying cars and robots."

The XPENG X2 electric flying car also makes its debut in Spain and Portugal. This advanced technology reflects the brand's ambition to redefine mobility both on the ground and in the air, with a clear vision of future mobility where flying cars could become part of Europe's transportation landscape. It’s a powerful testament to XPENG’s commitment to shaping the future mobility.

About XPENG
Founded in 2014, XPENG is a leading Chinese AI mobility company that designs, develops, manufactures, and markets Smart EVs that appeal to the large and growing base of technology-savvy consumers. With the boom of AI technology, it aspires to become a global AI mobility company, with the mission to drive the Smart EV transformation with technology and shape the mobility experience of the future. In order to optimise its customers' mobility experience, XPENG develops its full-stack advanced driver-assistance system technology and in-car intelligent operating system in-house, as well as core vehicle systems including powertrain and the electrical/electronic architecture. XPENG is headquartered in Guangzhou, China, with main offices in Beijing, Shanghai, Silicon Valley and Amsterdam. The company's Smart EVs are mainly manufactured at its plants in Zhaoqing and Guangzhou, Guangdong province. For more information, please visit https://www.xpeng.com/.

About the Salvador Caetano Group
The Salvador Caetano Group is an international group dedicated to the automotive industry and sector, operating across 44 countries on 3 continents with over 8,000 employees. Founded in 1946, the Salvador Caetano Group has over 75 years of experience and over 100 companies established in Europe, South America and Africa. Its business areas include cars, buses, and aeronautics's import, distribution, mobility services, industrial equipment, and workshops.

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Source: XPENG Motors