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XPENG appoints Hedin Mobility Group as distributor and importer for Switzerland, the Czech Republic and Slovakia

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XPENG has announced its expansion into Switzerland, Czech Republic, and Slovakia through a partnership with Hedin Mobility Group as distributor and importer. Sales will commence in Q2 2025, featuring three models: the P7 sedan, G9 flagship SUV, and G6 coupe SUV - all with Euro NCAP 5-star safety ratings.

This strategic move strengthens XPENG's European presence, which began in Norway in 2021 and now spans 14 countries. The company aims to operate in over 60 global markets by end-2025, targeting 50% of sales from overseas markets. Hedin Mobility Group, with operations in 14 countries and 218,000 vehicles sold in 2023, adds XPENG as its fourteenth distribution brand.

XPENG ha annunciato la sua espansione in Svizzera, Repubblica Ceca e Slovacchia attraverso una partnership con Hedin Mobility Group come distributore e importatore. Le vendite inizieranno nel secondo trimestre del 2025, con tre modelli: la berlina P7, il SUV di punta G9 e il SUV coupé G6 - tutti con valutazioni di sicurezza a 5 stelle Euro NCAP.

Questa mossa strategica rafforza la presenza europea di XPENG, iniziata in Norvegia nel 2021 e che ora si estende a 14 paesi. L'azienda mira a operare in oltre 60 mercati globali entro la fine del 2025, puntando a ottenere il 50% delle vendite dai mercati esteri. Hedin Mobility Group, con operazioni in 14 paesi e 218.000 veicoli venduti nel 2023, aggiunge XPENG come suo quattordicesimo marchio di distribuzione.

XPENG ha anunciado su expansión en Suiza, República Checa y Eslovaquia a través de una asociación con Hedin Mobility Group como distribuidor e importador. Las ventas comenzarán en el segundo trimestre de 2025, con tres modelos: el sedán P7, el SUV insignia G9 y el SUV coupé G6, todos con calificaciones de seguridad de 5 estrellas Euro NCAP.

Este movimiento estratégico fortalece la presencia europea de XPENG, que comenzó en Noruega en 2021 y ahora abarca 14 países. La empresa tiene como objetivo operar en más de 60 mercados globales para finales de 2025, buscando que el 50% de sus ventas provenga de mercados en el extranjero. Hedin Mobility Group, con operaciones en 14 países y 218,000 vehículos vendidos en 2023, añade a XPENG como su decimocuarta marca de distribución.

XPENGHedin Mobility Group와의 파트너십을 통해 스위스, 체코, 슬로바키아로의 확장을 발표했습니다. 판매는 2025년 2분기에 시작되며, P7 세단, G9 플래그십 SUV 및 G6 쿠페 SUV의 세 가지 모델이 출시됩니다. 이 모든 모델은 유로 NCAP 5성 안전 등급을 받았습니다.

이번 전략적 움직임은 2021년 노르웨이에서 시작된 XPENG의 유럽 내 존재감을 강화하며 현재 14개국에 걸쳐 있습니다. 회사는 2025년 말까지 60개 이상의 글로벌 시장에서 운영할 계획이며, 해외 시장에서 50%의 매출을 목표로 하고 있습니다. Hedin Mobility Group은 14개국에서 운영되며 2023년에 218,000대의 차량을 판매하여 XPENG를 14번째 배급 브랜드로 추가했습니다.

XPENG a annoncé son expansion en Suisse, en République tchèque et en Slovaquie grâce à un partenariat avec Hedin Mobility Group en tant que distributeur et importateur. Les ventes commenceront au deuxième trimestre 2025, avec trois modèles : la berline P7, le SUV phare G9 et le SUV coupé G6 - tous avec des notes de sécurité de 5 étoiles Euro NCAP.

Ce mouvement stratégique renforce la présence européenne d'XPENG, qui a débuté en Norvège en 2021 et s'étend désormais à 14 pays. L'entreprise vise à opérer dans plus de 60 marchés mondiaux d'ici fin 2025, avec un objectif de 50 % des ventes provenant des marchés étrangers. Hedin Mobility Group, qui opère dans 14 pays et a vendu 218 000 véhicules en 2023, ajoute XPENG comme sa quatorzième marque de distribution.

XPENG hat seine Expansion in die Schweiz, die Tschechische Republik und die Slowakei durch eine Partnerschaft mit Hedin Mobility Group als Distributor und Importeur angekündigt. Der Verkauf beginnt im zweiten Quartal 2025 und umfasst drei Modelle: die P7 Limousine, den G9 Flagship SUV und den G6 Coupé SUV - alle mit 5-Sterne Euro NCAP Sicherheitsbewertungen.

Dieser strategische Schritt stärkt die europäische Präsenz von XPENG, die 2021 in Norwegen begann und nun 14 Länder umfasst. Das Unternehmen hat das Ziel, bis Ende 2025 in über 60 globalen Märkten tätig zu sein und 50% der Verkäufe aus dem Ausland zu erzielen. Hedin Mobility Group, die in 14 Ländern tätig ist und 2023 218.000 Fahrzeuge verkauft hat, fügt XPENG als vierzehnte Vertriebsmarke hinzu.

Positive
  • European market expansion into 3 new countries
  • Partnership with major distributor Hedin Mobility Group (218,000 vehicles sold in 2023)
  • All 3 models achieved Euro NCAP 5-star safety rating
  • Ambitious global expansion plan targeting 60 markets by 2025
Negative
  • Sales won't start until Q2 2025, indicating delayed market entry
  • Faces established competition in mature European markets
  • Sales will start in the second quarter of 2025.
  • 3 XPENG models will be available for all markets: the sleek P7 sedan, the popular G9 flagship SUV, and the ultra-smart G6 coupe SUV.
  • Each model earned the prestigious Euro NCAP 5-star safety rating.
  • Hedin is also cooperating with XPENG as a retailer for Belgium and Luxembourg. The partnership in Switzerland, Czech Republic, and Slovakia further strengthens Hedin Mobility Group's presence in the European market, solidifying its position as one of the continent’s largest mobility providers.

XPENG

AMSTERDAM, Feb. 28, 2025 (GLOBE NEWSWIRE) -- XPENG, a leading high-tech smart mobility company, announces its arrival on the car market in Switzerland, the Czech Republic and Slovakia. The company has entered into an agreement with Hedin Mobility Group regarding the import and distribution rights for XPENG in both countries as well as sales of vehicles, aftermarket services, and spare parts. Sales will start in the markets in the second quarter of 2025.

The introduction of XPENG in Switzerland, the Czech Republic and Slovakia marks another milestone for XPENG in Europe. "Our brand launch and our partnership with Hedin Mobility Group bolster XPENG's European ambitions," says Alex Tang, Head of International Division of Sales and Service at XPENG. "We are excited to introduce consumers in Switzerland, the Czech Republic and Slovakia to a new standard in electric mobility, combining XPENG’s innovative technology with exceptional design to deliver an unparalleled experience that meets the demands of today's drivers."

Strong market presence in Central Europe

With the start of sales in Switzerland, the Czech Republic and in Slovakia, XPENG is strengthening its market presence in Central Europe.

XPENG becomes Hedin Mobility Group's fourteenth distribution brand, which means that Hedin Mobility Group further strengthens its position as a leading European distributor. The strategic partnership with XPENG also underscores Hedin Mobility Group's strong commitment to delivering innovative and sustainable mobility solutions in the European markets where the company operates. Hedin Mobility Group is one of Europe's largest mobility providers, with more than 12,500 employees and operations in 14 countries. In 2023, the Group sold more than 218,000 vehicles.

"We are proud to take our collaboration with XPENG to the next level. We are also distributor for XPENG in Switzerland and a retailer for the brand in Belgium and Luxembourg. Innovation, sustainability, and smart technology are some of XPENG's hallmarks, and this aligns perfectly with our ambition to offer our customers not just a car but an advanced driving experience. Together with XPENG, we are determined to contribute to a greener vehicle fleet," comments Anders Hedin, CEO of Hedin Mobility Group.

XPENG is committed to Europe

XPENG is committed to Europe. Since entering the European car market in Norway in 2021, XPENG has introduced advanced technologies and solutions, now operating in Germany, France, the United Kingdom, Norway, Denmark, Sweden, Finland, Iceland, the Netherlands, Belgium, Luxembourg, Spain, Portugal, Ireland and soon also in Switzerland, Poland, the Czech Republic, and Slovakia with ambitions for more expansion. The company plans to operate in more than 60 global markets by the end of 2025, with an ambitious goal of achieving half of its sales from overseas markets.

The company has successfully launched three vehicles in Europe - the sleek P7 sedan, the popular G9 flagship SUV, and the ultra-smart G6 coupe SUV - each of which has earned the prestigious Euro NCAP 5-star safety rating. All models will all be available in Switzerland, the Czech Republic and Slovakia.

XPENG has a DNA resolutely built around technology, which inspires it to think and contribute to the future of mobility. The passion demonstrated by its teams enriches the group's mission, which is to place the user at the heart of its creative process, to offer a simpler, more eco-conscious and enriching travel experience for European society, thanks to technological innovation.

About XPENG

Founded in 2014, XPENG is a leading Chinese born AI-driven mobility company that designs, develops, manufactures, and markets Smart EVs, catering to a growing base of tech-savvy consumers. With the rapid advancement of AI, XPENG aspires to become a global leader in AI mobility, with a mission to drive the Smart EV revolution through cutting-edge technology, shaping the future of mobility. To enhance the customer experience, XPENG develops its full-stack advanced driver-assistance system (ADAS) technology and intelligent in-car operating system in-house, along with core vehicle systems such as the powertrain and electrical/electronic architecture (EEA). Headquartered in Guangzhou, China, XPENG also operates key offices in Beijing, Shanghai, Silicon Valley, and Amsterdam. Its Smart EVs are primarily manufactured at its facilities in Zhaoqing and Guangzhou, Guangdong province.

XPENG is listed at the New York Stock Exchange (NYSE: XPEV) and Hong Kong Exchange (HKEX: 9868).

For more information, please visit https://www.xpeng.com/.

Contacts:
For Media Enquiries:
XPENG PR Department
Email: pr@xiaopeng.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/72aeac0b-ace9-4e9d-8c96-df73e84ca5da


FAQ

When will XPENG (XPEV) start sales in Switzerland, Czech Republic, and Slovakia?

XPENG will begin sales in these markets in the second quarter of 2025.

Which XPENG (XPEV) models will be available in the new European markets?

Three models will be available: P7 sedan, G9 flagship SUV, and G6 coupe SUV, all with Euro NCAP 5-star safety ratings.

What are XPENG's (XPEV) global expansion targets for 2025?

XPENG aims to operate in over 60 global markets by end-2025, targeting 50% of sales from overseas markets.

How many vehicles did Hedin Mobility Group sell in 2023?

Hedin Mobility Group sold more than 218,000 vehicles in 2023 across 14 countries.

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