The Xpeng Motors team was established in mid-2014 and focuses on the research and development of Internet-connected electric vehicles for young people in first-tier cities. The first mass-produced vehicle aims to be a stylish, crossover electric SUV.
In January 2018, Xpeng Motors delivered 39 new cars and became the first Internet car manufacturer to enter the new energy vehicle sales list of the China Passenger Car Association; on January 29, Xpeng Motors officially announced the launch of a RMB 2.2 billion B round of financing. On the evening of August 27, 2020, Xpeng Motors officially listed on the New York Stock Exchange, using “XPEV” as the stock code. On April 14, 2021, Xpeng Motors officially launched the Xpeng P5
