Xpeng targets overseas sales surge in 2026 as China EV battle goes global

AI Summary
Xpeng, the Chinese EV manufacturer, aims to double its overseas sales by 2026, targeting over 90,000 vehicles delivered outside mainland China this year. This expansion, representing approximately 15% of their annual production, is driven by increasing domestic competition from rivals like BYD and Leapmotor. Xpeng plans to leverage its expanding dealer network to boost sales in Europe, the Middle East, and Southeast Asia, focusing on models like the G6 and X9. This strategy reflects a broader trend among Chinese EV makers, including BYD's goal to increase overseas deliveries by 24%, as they seek growth in international markets due to slowing domestic growth. Xpeng's overseas shipments reached 45,008 vehicles last year, marking a 96% increase from 2024.
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