XPeng Inc. (XPEV) Signs Agreement to Double Zhaoqing Plant Annual Production Capacity to 200K Units

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XPeng Signs Agreement for Zhaoqing Smart EV Manufacturing Base Phase Two Expansion Project, Boosting Annual Design Production Capacity from 100,000 to 200,000 Units

August 18, 2021 4:00 AM EDT

XPeng today kicks off Phase Two expansion project for Zhaoqing Smart Electric Vehicle Manufacturing Base Planned annual production capacity for Zhaoqing Base to reach 200,000 units upon completion

GUANGZHOU, China--(BUSINESS WIRE)-- XPeng Inc. (XPeng or the Company, NYSE: XPEV; HKEX: 9868.HK), a leading Chinese smart electric vehicle (Smart EV) company, announced today it has signed an agreement with the Zhaoqing Municipal Government and the Zhaoqing High Technology Industry Development Zone to build the Phase Two expansion project of the XPeng Zhaoqing Smart EV Manufacturing Base (Zhaoqing Base) located in Guangdong... More