GUANGZHOU, China, April 10, 2024 (GLOBE NEWSWIRE) -- XPENG Motors ("XPENG" or
the "Company," NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric
vehicle ("Smart EV") company, today expands its footprint through a dealer
partnership with Sime Darby Motors in Hong Kong.
Dr. Brian Gu, Vice Chairman and President of XPENG Motor (left), and Mr. Tommy

  Wong, Managing Director of Hong Kong & Macau, Sime Darby Motors (HK) Limited
                                    (right)

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.
XPENG has already experienced rapid growth in the ten 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.
A Strategic Move
Entry into Hong Kong is a strategic next step for XPENG's business expansion. 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 realising a future of human-first intelligent mobility in Hong Kong, and
around the world.
Brian Gu, Vice Chairman and President of XPENG, said: "Today is a major
milestone in XPENG Motors' overseas strategy. With our brand's advanced smart
electric vehicle and leading technology, we are committed to providing car
owners with smarter travel solutions, as well as an environmentally friendly
driving experience. Coupled with Sime Darby Motors' years of sales experience in
the Hong Kong automotive market, we are excited to bring the premium XPENG
experience to Hong Kong."
Tommy Wong, Managing Director of Hong Kong & Macau, Sime Darby Motors (HK)
Limited, said: "We are delighted to have been selected as the official
authorized agent of XPENG Motors in the Hong Kong market. The electric vehicle
market has become very popular among Hong Kong car owners and leasers in recent
years. As the market continues to grow, we want to provide our customers and
major users with a wide choice of premium, innovative vehicles. We believe that,
with XPENG Motors' ambition to establish itself as a smart car leader, will meet
Hong Kong consumers' demand for high-quality electric vehicles."
As XPENG Motors officially enters Hong Kong, Sime Darby Motors has announced
that XPENG focus models, including the latest pure electric SUV model G6 and the
flagship pure electric seven-seater MPV X9, will be the first to meet with car
fans in mid-May, and expected delivery starting from Q3.
Alongside Hong Kong, XPENG is also set to enter Macau with partner XIN KANG HENG
HOLDING LTD, offering XPENG models G9, X9, G6, and P7i. Left-hand drive models
will start delivery in May.
About XPENG
XPENG is a global smart electric vehicle company founded in 2014 in Guangzhou,
China, developing clean, intuitive and creative mobility solutions. With its
industry-leading R&D facilities, XPENG brings vehicles with superior safety,
electrical efficiency and on-road performance to markets around the globe. The
company is constantly working to advance its core technologies, including
autonomous driving, SEPA 2.0 and captivating in-vehicle infotainment systems.
XPENG is headquartered in Guangzhou and Amsterdam, with additional offices in
Beijing, Shanghai and Silicon Valley.
About Sime Darby Motors
Sime Darby Motors is the automotive arm of Sime Darby Berhad under Sime Darby
Group. With over 100 years of experience, Sime Darby Group is one of the leading
multinational conglomerates in Southeast Asia. The Group operates in 17
countries and territories across the Asia Pacific. It has always been at the
forefront of delivering sustainable futures, bringing development and growing
value to our stakeholders.
Sime Darby Motors has a presence in 10 markets across the Asia Pacific region.
In Hong Kong and Macau, we are dedicated to providing high quality products and
excellent aftersales services. We are the exclusive distributor and retailer for
established brands. We provide excellent aftersales service in Hong Kong and
Macau through fully equipped service centres across the region.
About XIN KANG HENG HOLDING LTD
Xin Kang Heng Holdings Limited (XKHHL) started its business in 1996, a prominent
motor group taking over 22% of total Macau automotive market share.
Group Brands represented: Honda, Nissan, Infiniti, Audi, Isuzu, Lotus, Alfa Romeo, Fiat, Abarth, Jeep, Renault, UD, Volvo Cars, Volvo Trucks, Scania, XPENG and VW Commercial Vehicles. We also supply a variety of special vehicles, and most of the government's special vehicles are provided by XKHHL. In addition to vehicle sales, Xin Kang Heng Holdings Limited also provide after-sales services.
With a professional maintenance team and advanced equipment, it provides customers with reliable after-sales services and 24-hour emergency support services.
Contacts:
For Media Enquiries:
Rosanne Wu
Email: wuqr@xiaopeng.com (mailto:wuqr@xiaopeng.com)
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/af222fe6-
9342-452b-808e-7cd2391ac83e
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