XPENG appoints Hedin Mobility Group as distributor and importer for Switzerland, the Czech Republic and Slovakia

Core Insights - XPENG is entering the car market in Switzerland, the Czech Republic, and Slovakia, marking a significant expansion in Europe [1][2] - The company has partnered with Hedin Mobility Group for import and distribution rights, which includes vehicle sales, aftermarket services, and spare parts [1][4] - Sales are set to commence in the second quarter of 2025, with three models available: P7 sedan, G9 flagship SUV, and G6 coupe SUV, all of which have received a Euro NCAP 5-star safety rating [5][8] Company Expansion - The launch in these new markets strengthens XPENG's presence in Central Europe and aligns with its broader European ambitions [2][3] - Since entering the European market in Norway in 2021, XPENG has expanded to multiple countries and aims to operate in over 60 global markets by the end of 2025 [7] Partnership with Hedin Mobility Group - Hedin Mobility Group becomes XPENG's fourteenth distribution brand, enhancing its position as a leading European distributor [4] - The partnership emphasizes a commitment to innovative and sustainable mobility solutions, with Hedin Mobility Group having sold over 218,000 vehicles in 2023 [4][6] Product Offering - The three models available in the new markets are designed to meet the demands of modern drivers, combining innovative technology with exceptional design [2][5] - XPENG's vehicles are built around advanced technology, aiming to provide a more eco-conscious and enriching travel experience [9] Company Background - Founded in 2014, XPENG is a Chinese AI-driven mobility company focused on designing and manufacturing Smart EVs [10] - The company is listed on both the New York Stock Exchange and Hong Kong Exchange, with a mission to lead the Smart EV revolution through cutting-edge technology [11]