XPENG Inc. (NYSE: XPEV) delivered 27,415 vehicles in March 2026, representing an 80% increase from the previous month, according to a company statement. The Chinese electric vehicle manufacturer delivered 62,682 vehicles in the first quarter of 2026.

On March 25, 2026, XPENG announced a three-year strategy for Latin America and entered the Mexican market. The company plans to launch both pure electric and range-extended electric models in 2027 as part of its expansion into the region.

Under the Latin America strategy, XPENG targets a leading position in the region by 2028. The company describes this market entry as a milestone in its global expansion efforts.

XPENG develops electric vehicles along with in-house advanced driver-assistance system technology and in-car intelligent operating systems. The company is headquartered in Guangzhou, China, with manufacturing plants in Zhaoqing and Guangzhou in Guangdong province.