XPENG Motors, the China-based electric vehicles manufacturers, has become the first Chinese EV company to enter Sweden. This marks the second European market for the company after entering Norway.
The smart car-making company is currently setting up its first store in Sweden and images of the store have leaked on Reddit. As for the location, the experience center is located in Westfield Mall of Scandinavia.
The development is in line with the company’s plan for overseas operations. A few weeks ago, XPENG Motors had revealed that it was planning to enter more European markets in the year 2022 to boost its exports.
The company had previously announced that Xpeng Experience Center will open in Sweden in the first quarter of 2022, i.e. somewhere between January to March. Based on that timeline, we expect the store to open doors in the coming weeks.
Elvis Cheng, Nordic Region Manager for the company claimed that Westfield Mall of Scandinavia is the best place to reach many people in the country. The company will be providing test drives of its models at the location.
He Xiaopeng, co-founder, Chairman, and CEO of the company has said that apart from Sweden, the company also has plans to enter two more European markets this year — Denmark and the Netherlands. It will also put in efforts to expand its presence in Norway.
XPENG Motors is currently building its EVs in Zhaoqing, China and is in the process of setting up new factories in Guangzhou and Wuhan. Once these new units as up and running, the company will have a production capacity of more than 400,000 units. With double-shift, it has the potential to roll out up to 600,000 electric cars annually.
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