XPENG's 2024 full-year highlights in smart mobility innovation, global market expansion

In 2024, Chinese smart electric vehicle maker XPENG achieved remarkable milestones that solidified its presence in smart mobility and innovation. The company expanded its footprint into key international markets, including the UK, Australia, and the UAE, while marking the delivery of its 10,000th vehicle in Europe.

Strengthening its collaboration with Volkswagen, XPENG advanced the co-development of electronic & electrical (E/E) architecture and software, reinforcing its commitment to global partnerships.

Technological innovation was at the forefront, with groundbreaking advancements in smart driving and AI, such as the debut of the AI-powered Tianji OS and the tape-out of its self-developed TURING chip.

The company also made strides in flying car development, launching its "Land Aircraft Carrier" project and breaking ground on a manufacturing base through its affiliate company XPENG AEROHT.

Additionally, XPENG rolled out new models, including the P7+ sedan and the X9 MPV, showcasing its ability to cater to diverse market demands. These accomplishments set the stage for an in-depth look at XPENG's transformative year.

XPENG opens first automobile store in Australia

On December 21, XPENG announced the grand opening of its first automobile store in Australia. The store features the XPENG G6 model and the company's flying car as its centerpiece exhibits.

XPENG achieves milestone with 10,000th BEV delivered in Europe

XPENG celebrated the delivery of its 10,000th vehicle in Europe, reaching the achievement at Ebersberg, Germany, according to the company's announcement on December 23. This makes XPENG the first Chinese battery-electric vehicle (BEV) startup to achieve this delivery milestone in the European market. 

XPENG puts XPENG X9 MPV model onto Thai market

XPENG announced in early December that the XPENG X9 had officially hit the Thai market, according to its Weibo account, a Twitter-like social media platform in China.

XPENG AEROHT, Hainan Province team up on pilot applications of flying cars

On November 18, XPENG AEROHT, the eVOLT aircraft (flying car) company affiliated to XPENG, and the Hainan Provincial Development and Reform Commission signed a strategic cooperation framework agreement to establish a "Flying Car Application Demonstration Island" in Hainan, according to XPENG AEROHT's announcement.

XPENG enters UK market by signing dealership agreement with IML

In mid-Nov., XPENG entered into a partnership with International Motors Ltd. (IML), a renowned automotive dealer group in Europe, according to a post on XPENG's WeChat account. The agreement designates IML as XPENG's official distributor in the UK, a market long considered a crucial gateway for Chinese automakers entering Europe.

XPENG launches industry's first crowdfunding campaign for chip upgrade

On November 11, XPENG announced the launch of the industry's first-ever crowdfunding campaign for a chip upgrade, running from November 11 to December 12, 2024.

XPENG P7+ hits market, starting at 186,800 yuan

XPENG officially released the XPENG P7+ AI-powered sedan onto the market on November 7. Available in three variants, the P7+ includes a Long Range version priced at 186,800 yuan, an Ultra Long Range version at 198,800 yuan, and a limited MAX Edition at 218,800 yuan, which only offers 500 units initially.

XPENG unveils latest power, AI tech advancements at XPENG AI DAY

On November 6, XPENG held its XPENG AI DAY, unveiling an extensive range of innovations, including the Kunpeng power system, AI-powered intelligent driving, XPENG's Turing AI chip, and its flying car and robotics technology. This event highlighted XPENG's commitment to becoming a global AI-driven automaker over the next decade, with a strong emphasis on expanding internationally.

XPENG AEROHT breaks ground on flying car manufacturing base in Guangzhou

On October 27, XPENG AEROHT, the eVOLT aircraft (flying car) company affiliated to XPENG, officially commenced construction of its flying car manufacturing base in Guangzhou. This facility will focus on producing components for its modular flying car, the "Land Aircraft Carrier," with a planned annual production capacity of 10,000 units.

XPENG launches G6, G9 models in UAE

XPENG announced in late Oct. the launch of its G6 and G9 models in the United Arab Emirates (UAE). The launch event, held in collaboration with Ali & Sons Holding LLC in Dubai, signifies XPENG's official entry into the UAE market, furthering its strategic presence in the region.

XPENG AEROHT secures 300-million-yuan preorder contract for 150 units of 'Land Aircraft Carrier'

In late Sept., XPENG AEROHT announced strategic partnerships with Gaozhi Aviation and Aocheng Aviation ("Gaozhi" and "Aocheng" are Chinese Pinyin) at the 3rd Global Digital Trade Expo, securing a pre-order contract for 150 units of its "Land Aircraft Carrier" flying car, worth nearly 300 million yuan ($40 million).

XPENG completes tape-out of self-developed TURING chip

On August 27, XPENG celebrated its 10th anniversary in Beijing where it announced its strategic vision for the next decade, aiming to become a global AI automotive company. The event also marked the official market launch of XPENG's intelligent, all-electric hatchback, the MONA M03, with deliveries set to begin in September.

A major highlight of the event was the unveiling of "XPENG TURING," the world's first chip designed for simultaneous application in robots, AI cars, and flying vehicles. This groundbreaking chip successfully completed its tape-out process on August 23.

XPENG MONA M03 hits market, starting at 119,800 yuan

On August 27, XPENG officially put the MONA M03 compact sedan, the first production model under its fire new MONA series, onto the market, offering three different trim levels priced from 119,800 yuan to 155,800 yuan. The Max version would start deliveries after the Chinese New Year holiday in 2025.

XPENG G6 model goes on sale in Thai market

On August 21, XPENG held a launch event in Bangkok, Thailand, unveiling the right-hand-drive version of its XPENG G6, the first model XPENG introduced into the Thai market.

XPENG AEROHT, HRC step up cooperation on tech R&D, volume production for flying car

On August 7, 2024, XPENG AEROHT signed a deep strategic cooperation agreement with HRC, a global leading composite material solutions supplier, in Guangzhou city. Building on their existing successful partnership, the two companies aim to further advance their collaboration focusing on advanced lightweight materials, components, and airframes. This partnership will encompass both current models and future planned models, reinforcing their leadership in the low-altitude flight sector.

XPENG AEROHT secures $150 million in Series B1 funding

On August 5th, XPENG AEROHT announced it has secured $150 million in Series B1 funding and has simultaneously initiated the Series B2 funding.

The company stated that this round of financing would ensure the smooth progress of XPENG AEROHT's flying car R&D, large-scale volume production, and commercialization.

XPENG unveils latest smart car technology results including AI-powered Tianji XOS 5.2

On July 30, XPENG held the XPENG Smart AI Technology Conference in Guangzhou, where it officially launched the AI-powered Tianji XOS 5.2 in-car OS and announced its global rollout to all eligible XPENG models.

XPENG announces foray into Singaporean market with pop-up store opened

On July 25, XPENG officially entered the Singaporean market with a pop-up store opened at the UOB Plaza in the heart of Singapore's Central Business District, according to a post on XPENG's WeChat account.

XPENG AEROHT, Hechi city join hands to promote testing, applications of flying cars

On July 25, XPENG AEROHT, Guangxi Zhuang Autonomous Region, officially signed a strategic cooperation agreement to jointly promote key aspects of flying car development, including testing, application, and support services, according to a post on XPENG AEROHT's WeChat account.

XPENG, Volkswagen Group ink agreement for joint development of E/E architecture

On July 22, XPENG and Volkswagen Group announced the signing of a joint development agreement for electronic and electrical (E/E) architecture. This follows their former strategic cooperation framework agreement signed on April 17, 2024.

XPENG offers global debut of MONA M03 all-electric car

On July 3, the MONA M03, the first production model under XPENG's fire new MONA series, made its global debut, while its interior details remain confidential. The MONA M03 targets the 100,000-yuan to 150,000-yuan market. Pre-orders are now open, with the official market release scheduled for August.

XPENG launches G9, P7 models in Egypt

On June 11, XPENG held a press conference at the Grand Egyptian Museum in Cairo to launch the XPENG G9 and P7 models in the Egyptian market. These two products would be delivered to Egyptian customers by the end of this month, making XPENG the first Chinese smart electric vehicle brand to introduce pure electric vehicle models to Egypt and Africa.

Autoliv, XPENG AEROHT partner for development of flying car technologies

On June 3, Autoliv China and XPENG AEROHT signed a strategic cooperation agreement in Guangzhou. Driven by their shared commitment to future mobility safety, the duo would collaborate on various initiatives aimed at advancing the development of flying car technology, jointly developing safety solutions for future mobility.

XPENG launches mass-produced end-to-end large model

On May 20, XPENG hosted the XPENG AI DAY event, where it announced the rollout of the AI Tianji in-car OS to all existing XPENG models, to start from 8:00 PM on the same day.

In the realm of intelligent driving, XPENG introduced China's first mass-produced end-to-end large model, which integrates the XNet neural network, the XPlanner control model, and the XBrain large language model.

XPENG announces foray into French market with launch of XPENG G9 model

On May 16, XPENG held a launch event for the XPENG G9 model in Paris, marking its official entry into the French market.

XPENG launches AI-powered Tianji OS for intelligent driving, smart cockpit

XPENG launched its all-new AI-powered Tianji OS at the Auto China 2024. This marks the industry's first comprehensive application of AI technology in both intelligent cockpits and smart driving systems, said XPENG.

XPENG announces foray into Australian market

XPENG on May 11 announced an exclusive cooperation agreement with Australia's TrueEV, marking its official entry into the Australian market.

BorgWarner forms two new eMotor projects with XPENG

On May 2, BorgWarner officially revealed two business agreements with XPENG to supply high-voltage hairpin (HVH) eMotor systems for two forthcoming SUV models. These contracts encompass BorgWarner's oil-cooled 800V eMotor systems, tailored with stator and rotor components designed specifically for these vehicles. Production is slated to commence in 2025.

XPENG to adopt RoboSense's MX LiDAR for intelligent driving application

RoboSense, the provider of LiDAR and perception solutions, announced a partnership with China's leading smart electric vehicle company, XPENG.

This collaboration aims to explore the scale-production of advanced driver assistance systems (ADAS) based on RoboSense's next-generation mid-to-long-range LiDAR. The goal is to allow more consumers to experience safer and more convenient intelligent mobility.

XPENG AEROHT plans to build take-off and landing sites for flying car demonstration

On April 18, the Panyu District People's Government of Guangzhou City and XPENG AEROHT, an urban air mobility company and a subsidiary of XPeng Inc. ("XPENG"), signed the "Framework Agreement to Jointly Promote the Application of Flying Cars".

Through the collaboration, the two parties jointly announced the initiation of infrastructure construction for flying cars, planning to establish the first four take-off and landing sites in the Guangzhou Higher Education Mega Center (HEMC), a university park in Guangzhou.

XPENG announces foray into China's Hong Kong, Macao markets

On April 10, XPENG announced its official entry into the Hong Kong market. XPENG has partnered with Sime Darby Motors and appointed the latter as its official agent for new car sales and aftersales services in Hong Kong.

XPENG announces foray into German market

On March 28, XPENG announced its official entry into the German market, with the Launch ("Shangshi" in Chinese Pinyin) Edition of the G9 and P7 models introduced at the same time, according to the Chinese automaker's WeChat post.

XPENG announces foray into ASEAN market

On March 26, during the 45th Bangkok International Motor Show, Chinese smart electric vehicle maker XPENG announced a long-term strategic partnership with Neo Mobility Asia, a leading Thai dealer group. This collaboration marks XPENG's official entry into the Association of Southeast Asian Nations ("ASEAN") market, signifying a crucial step in its global expansion strategy.

XPENG AEROHT's 'Land Aircraft Carrier' flying car enters airworthiness certification phase

On March 25, XPENG AEROHT, the urban air mobility company affiliated with XPeng Inc., officially announced that the application for the Type Certificate (TC) of its "Land Aircraft Carrier" flying car's airframe (codenamed: X3-F) had recently been accepted by the Civil Aviation Administration of China (CAAC) South Central Regional Administration, indicating that the model is poised to enter the airworthiness certification phase.

XPENG rolls out 'Infinite XNGP' intelligent driving feature to experienced users

On February 29, XPENG announced its immediate rollout of the "Infinite XNGP (XPENG Navigation Guided Pilot) Intelligent Assisted Driving" feature to experienced intelligent driving function users.

This innovative feature would be available across all cities and routes where navigation is supported, said XPENG.

Volkswagen Group, XPENG ink master agreement on co-development of platform, software

On February 28, Volkswagen Group and XPENG jointly announced that they have entered into a Master Agreement on Platform and Software strategic technical collaboration ("Master Agreement"), marking a further milestone following XPENG’s news releases dated July 26, 2023 and December 6, 2023 in connection with the Volkswagen's acquisition of 4.99% shareholding in XPENG and the signing of the framework agreement on strategic technical cooperation.

In line with the disclosed details, the focus of the latest technical cooperation revolves around the joint development of two B-segment battery electric vehicle (BEV) models under the Volkswagen brand, with the first being an SUV. Both models are slated for launch in 2026.

XPENG forays into UAE market by teaming up with local dealer Ali&Sons

On February 22, 2024, XPENG declared a strategic partnership with the UAE dealership group, Ali&Sons.

This collaboration marks a significant step in XPENG's international expansion. With a focus on deploying cutting-edge technology, XPENG aims to introduce intelligent electric vehicles to local consumers through partnerships with high-quality overseas dealers.

XPENG renovates Zhaoqing plant's production line for upcoming new car model

In a ceremony held at the Guangdong Zhaoqing factory in late Jan., XPENG launched the renovation of its production line for a new vehicle model.

This initiative, through technological upgrades, aims to enhance the existing vehicle production line at the Zhaoqing base to prepare for the production of the upcoming vehicle. The comprehensive modification project for the new vehicle model line involves a total investment exceeding a billion yuan, encompassing stamping, welding, painting, and assembly workshops, along with logistics equipment facilities. The entire process is expected to take approximately 20 days. The project is progressing steadily according to the plan, with the goal of completing all transformation tasks by February 9 and finishing overall production line debugging by the end of February.

XPENG's first MPV model X9 hits market, starting at 359,800 yuan

On January 1, 2024, XPENG put its flagship model, the XPENG X9, onto the market, marking the company's entry into the MPV segment. The X9 lineup includes four trim levels priced between 359,800 yuan and 419,800 yuan, with deliveries set to commence this month.