Published Wed, Aug 18 20214:12 AM EDT
- Xpeng said it will increase the planned production capacity of its Zhaoqing manufacturing site from 100,000 cars a year to 200,000.
- Competition is heating up in China’s electric vehicle industry as Xpeng faces challenges from other domestic start-ups including Nio and Li Auto as well as U.S. auto maker Tesla.
- Xpeng is looking to expand production for its range of models — the G3 SUV, the P7 sedan and its recently-launched P5.
A Xpeng P7 electric car is on display during the 18th Guangzhou International Automobile Exhibition at China Import and Export Fair Complex on November 20, 2020 in Guangzhou, Guangdong Province of China.
GUANGZHOU, China — Chinese electric carmaker is doubling the production capacity at one of its key plants as competition heats up.
Xpeng said it will increase the planned production capacity of its Zhaoqing manufacturing site from 100,000 cars a year to 200,000. The Zhaoqing plant opened last year, and is located in the southern Chinese province of Guangdong.
Xpeng has looked to boost production capacity by building its own factories. Earlier this year, Xpeng announced a cooperation with the city of Wuhan to build a new manufacturing base there.
Competition is heating up in China’s electric vehicle industry as Xpeng faces challenges from other domestic start-ups including and as well as U.S. auto maker .
Xpeng is looking to expand production for its range of models — the G3 SUV, the P7 sedan and its .
To fuel expansion, Xpeng, which is already listed in the U.S., carried out a .
— a monthly record and a 228% increase year-on-year.
It's begging for CATL's salted battery.