Written by Cláudio Afonso | info@claudio-afonso.com | LinkedIn | X
The Guangzhou-based EV manufacturer XPeng inked on Monday an agreement with Salvador Caetano Group for importation and distribution in Spain and Portugal.
After BYD, Voyah, Dongfeng, and M-Her, the automotive group secures the importation and distribution of the fifth Chinese electric vehicle brand, which will have a battery supplier in Sines, Portugal.
XPeng‘s primary battery supplier is CALB (China Aviation Lithium Battery Technology), which is investing two billion euros in a factory in Portugal, expected to start operating by the end.
“We are very proud to have Salvador Caetano as our strategic partner in Spain and Portugal, which are very important markets for XPeng,” said Brian Hongdi Gu, Vice Chairman of the Board and President of the manufacturer .
Last week, the company announced that its coupe SUV G6 will soon be available in all its European markets with the deliveries starting in the third quarter.
The G6 can be ordered from May and will be available at European Xpeng Stores later in the third quarter, the brand said in a statement. Xpeng is set to communicate prices and specifications by the end of this month.
XPeng delivered 9,026 vehicles, nearly doubling (99%) compared to the previous month and a 29% increase year-over-year. In total, XPENG delivered 21,821 units in the first quarter of 2024, reflecting a 20% increase compared to the same period last year.
Written by Cláudio Afonso | info@claudio-afonso.com | LinkedIn | X
