XPENG Motors to launch first smart pure electric SUV The XPENG G3 on December 12, 2018

from XPENG Motors/November 16, 2018

• The XPENG G3 presents superior configurations in its debut at the Guangzhou International Automobile Exhibition 2018
• Price range of RMB200,000 – 280,000 per unit before subsidies offers attractive value to customers
• First car manufacturer in China to operate a network of Supercharging Stations across major cities
• Direct sales & service platform to redefine EV user experience

Guangzhou, China, 16th November 2018 – XPENG Motors, a frontrunner in China’s smart electric vehicle market, is to launch its commercial model, the XPENG G3, on December 12, 2018.

The pure electric 5-seat compact SUV presents an impressive combination of intelligent features and configurations in its debut at the Guangzhou International Automobile Exhibition 2018, China's A-class auto show.

Tailored for the vast and fast growing tech-savvy young consumer base in China, the XPENG G3 is priced at a range between RMB200,000 to RMB280,000 before government subsidies, offering customers attractive value.

Pursuit of quality and speed

He Xiaopeng, Chairman and CEO of XPENG Motors, elaborated the company’s prudent, user-centric approach to quality control, safety standards and the pace of delivery. “We made a deliberate decision to go through an extensively stringent testing and vigorous validation process to ensure the XPENG G3 offers its best to our customers,” said He.

“It’s a challenge for any new EV manufacturer to ramp up production and meet delivery targets. Quality has not been compromised in our pursuit of speed. It is not a race. There’s no Shortcut. It’s about gaining consumer confidence in our products and services and building a solid reputation for the EV sector in China,” he added.

XPENG Motors was the first among new EV manufacturers in China to receive the China Compulsory Certification by the Ministry of Industry and Information Technology in July 2017.

About 1,000 units have been produced for temperature, altitude and C-NCAP crash tests and validation, accumulating a total of 10,000,000 kilometers or 100,000 hours of road testing.

Direct sales and service network

XPENG Motors is expanding its end-to-end direct sales and service platform, which meets the major user demands throughout an EV’s lifecycle from online and offline sales, post-sales services, charging, auto financing to insurance.

• 15 direct sales and service stores in Beijing, Shanghai, Guangzhou, Shenzhen and Hangzhou to open before the Chinese New Year in Feb 2019
• 70 stores across nearly 30 cities expected to open in 2019 To serve the cities where XPENG Motors vehicles will be sold
• The first new EV manufacturer to open a T-Mall shop with approximately 400,000 online visitors at the recent “11.11 Singles’ Day”

Supercharging network

XEPNG Motors is the first auto manufacturer to operate a network of Supercharging Stations in China, having invested a significant amount of capital and resources.

• 100 Supercharging Stations in more than 10 tier-1 and tier-2 cities will be contracted by the end of 2018.
• 30 Supercharging Stations Will be in full operation in Beijing, Shanghai, Guangzhou, Shenzhen and Huangzhou before the Chinese New Year in Feb 2019.
• 200 Supercharging Stations across 30 cities to start operation in 2019.
• 1,000 Supercharging Stations to be contracted over the next three years.
• Users have access to 100,000 third-party charging piles located in major cities adjacent to main roads via XPENG Motors’ App.

Auto finance and insurance solutions

Through XPENG Motors’ auto finance and leasing subsidiary and its partnerships with financial institutions such as Bank of China, China Merchant Bank, Pacific Insurance and AXA Taiping Insurance, XPENG Motors will provide tailored and effective financing and insurance solutions to customers.

“We have a very supportive shareholder and investor base and a long term strategy to navigate through the challenges in this fast evolving and growing market. Our unique DNA and a prudent, nimble and innovative culture enable us to stay at the forefront of the market,” He said at the auto exhibition.