XPeng Targets Global Expansion to 60 Countries by 2025 Amid EU Tariff Challenges

February 22, 2025
XPeng Targets Global Expansion to 60 Countries by 2025 Amid EU Tariff Challenges
  • CEO He Xiaopeng announced XPeng's ambitious expansion plans during the launch of global shipments for the X9 MPV at a port in Guangzhou, China.

  • The company aims to double its global presence, expanding from operating in around 30 countries to 60 by the end of 2025.

  • As part of this strategy, the initial shipment includes 300 right-hand drive versions of the X9, which will be delivered to Thailand immediately upon arrival.

  • To support its growth, XPeng plans to enhance its charging infrastructure by establishing ultra-fast charging stations in Thailand and Hong Kong in the first half of 2025.

  • However, XPeng's expansion plans face challenges due to the European Union imposing import tariffs of up to 35.3% on Chinese-made electric vehicles, citing unfair state support.

  • In 2024, 13% of XPeng's sales volume was generated from overseas, indicating a growing international market presence.

  • Additionally, XPeng will begin testing its autonomous driving system in international markets in 2025, with plans to introduce self-driving cars globally starting in 2026.

  • He Xiaopeng predicts that by the end of 2023, half of XPeng's sales volume will come from international markets, with expectations that by 2033, this figure will rise to 50%.

  • This expansion is part of XPeng's 'go-global 2.0 strategy,' targeting markets across Europe, Southeast Asia, the Middle East, and Africa.

  • Despite the growth, He Xiaopeng anticipates an intense competitive environment in China, suggesting that many local EV manufacturers may not survive the upcoming elimination phase expected between 2025 and 2027.

  • The company has already established stores in several European countries, including France, Germany, Sweden, and Norway.

  • To differentiate itself in the competitive market, XPeng focuses on features like driving assistance, rapid recharging, and modular interiors.

Summary based on 2 sources


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Xpeng to double global presence to 60 markets in 2025, CEO says

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