XPENG Motors, a Chinese smart electric vehicle (“Smart EV”) company, announced it expanded its footprint through a dealer partnership with Sime Darby Motors in Hong Kong.
The partnership will enable XPENG to bring its latest smart EVs to local consumers in the Hong Kong market with branded showrooms, after-sales support, and comprehensive guidance through each stage of the buying process, the company said.
XPENG added it has already experienced rapid growth in the 10 years since its establishment in 2014. As of the end of last year, its cumulative historical delivery volume exceeded 400,000, and it delivered more than 140,000 new vehicles in 2023 alone.
Entry into Hong Kong is a strategic next step for XPENG’s business expansion, the company said. As an international business hub and one of Asia’s most vibrant cosmopolitan cities, Hong Kong serves as an important springboard for XPENG’s global expansion.
“Entering the Hong Kong market is strategically important as a model for our market expansion and a testament to our focus to scale. XPENG is fully committed to bringing innovation that serves our customers’ evolving needs as well as realizing a future of human-first intelligent mobility in Hong Kong, and around the world,” XPENG said.
