Xpeng Appoints Fengying Wang as President

Guangzhou, China–(business wire)–XPeng Inc. (“XPENG” or the “Company”; NYSE: XPEV and HKEX: 9868), a leading smart electric vehicle (“Smart EV”) company in China, today announced that Fengying Wang (“Ms. Wang” ) was appointed as President of the Company effective January 30, 2023.

Mr. Wang will be responsible for the company’s product planning, product portfolio management and sales operations and will report to the company’s chairman and CEO, Mr. He Xiaopeng.

“MS. Wang has over 30 years of experience in the automotive industry, spanning sales, strategy and senior management. Her leadership and expertise have driven the development of some of the most successful automotive products. We look forward to working with Ms. Wang to further improve our product portfolio and leveraging her strong experience and deep industry knowledge to accelerate the transition to smart EVs. I am doing it.”

“We are committed to implementing our smart EV strategy, and I am confident that talented people like Mr. Wang will be a valuable addition to our leadership and management team as we strive toward our long-term goals.” he added.

Prior to joining the Company, Mr. Wang worked for Great Wall Motor Company Limited for over 30 years, starting in frontline sales and progressing to various leadership positions including Vice Chairman and General Manager. Mr. Wang graduated from Tianjin Financial College in 1999 with a master’s degree in economics.

About XPeng Inc.

XPeng Inc. (“XPENG”) is a leading Chinese smart EV company that designs, develops, manufactures and markets smart EVs that appeal to a large and growing base of tech-savvy middle-class consumers. . Its mission is to drive the smart EV transformation with technology and data to shape the mobility experience of the future. XPENG develops core vehicle systems in-house, including full-stack advanced driver assistance system technology and in-vehicle intelligent operating system, as well as powertrain and electrical/electronic architecture to optimize customers’ mobility experience. I’m here. Headquartered in Guangzhou, China, XPENG has headquarters in Beijing, Shanghai, Silicon Valley, San Diego and Amsterdam. The company’s Smart EVs are mainly produced at its plant in Zhaoqing, Guangdong. For more information, please visit https://heyXPENG.com.

safe harbor declaration

This announcement contains forward-looking statements. These statements are made pursuant to the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. “intend”, “plan”, “believe”, “estimate” and similar statements. Statements that are not historical facts, including statements about XPENG’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in the forward-looking statements. This includes but is not limited to: XPENG goals and strategies. Expansion plans for XPENG. XPENG’s future business development, financial condition and results of operations; Trends and size of China’s EV market. his expectations of XPENG regarding demand and market acceptance for XPENG’s products and services; his XPENG expectations regarding relationships with customers, contract manufacturers, suppliers, third-party service providers, strategic partners, and other stakeholders; General economic and business conditions. Assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is contained in XPENG’s SEC filings. All information provided in this press release is made as of the date of this press release and XPeng undertakes no obligation to update any forward-looking statements, except as required by applicable law. .

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