Core Insights - XPENG is expanding its global presence by establishing localized supply chain teams in Europe and ASEAN in 2026, enhancing its "In Local, For Local" strategy [1][2] - The new supply chain teams will focus on securing regional supplier resources and improving operational efficiency, aiming to strengthen XPENG's global industrial ecosystem [2][4] - The formation of these teams completes XPENG's "localization loop," integrating production, R&D, service, data, and supply chain management [3] Performance Metrics - In 2025, XPENG's overseas deliveries reached 45,008 units, marking a 96% year-on-year increase, with the brand now present in 60 countries [4] - The company anticipates that by 2036, half of its sales will originate from global markets [4] Strategic Developments - The localized supply chain structure aims to reduce logistics costs and enhance customer satisfaction through optimized regional logistics networks [9] - XPENG is leveraging AI for intelligent transformation in supply chain management, with pilot applications in team management and quality monitoring [6] - The company is exploring advanced manufacturing opportunities, including robotics and flying cars, utilizing 80% of its automotive supply chain partners for these new ventures [7] Global Operations - XPENG has established R&D centers in multiple locations, including the United States and various European countries, and is committed to in-house development of intelligent driver-assistance software [10] - The company has a dual primary listing on both the New York Stock Exchange and the Hong Kong Stock Exchange, highlighting its significant position in the new energy vehicle industry [11]