Group 1 - Xpeng Inc. is expanding into new markets in Europe and Asia, specifically entering Estonia, Lithuania, Latvia, and Cambodia [1][2] - The company has established a global sales and service network covering over 49 countries and regions [2] - Xpeng will manufacture vehicles in Europe through a partnership with Magna International Inc. at a facility in Austria [3] Group 2 - Several Chinese automakers, including Xiaomi and Li Auto, are also expanding into Europe, with Xiaomi establishing an R&D center in Germany [4] - Tesla has experienced a 25% drop in sales in Italy, indicating a downward trend in several global markets [6] - BYD Co. Ltd. has become the largest overseas market player in the UK, selling 11,271 vehicles in September 2025, a significant increase from 1,150 units in the same month of 2024 [7] Group 3 - Xpeng scores well on the Momentum metric but has poor Growth metrics, with a favorable price trend in the medium and long term [8]
Tesla Rival Xpeng To Enter 3 New European Countries, Targets Cambodia Amid Global Expansion - XPeng (NYSE:XPEV)