Xpeng sets up another car sales company

Xpeng Motors established a new auto sales company in Nanning, Guangxi, southern China on August 18 with a registered capital of RMB 10 million ($1.54 million).
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Xpeng sets up another car sales company-CnEVPost

Xpeng Motors established a new auto sales company in Nanning, Guangxi, southern China on August 18 with a registered capital of RMB 10 million ($1.54 million), according to data provider Tianyancha.

The company’s business scope includes sales of new energy vehicles, leasing and operating services for small and micro passenger vehicles, sales of charging piles and distribution of used cars.

This is the latest auto sales company set up by Xpeng.

On August 10, Xpeng set up a new auto sales company in Guangzhou, where it is headquartered, with a registered capital of RMB 250 million.

The company’s business scope covers new energy vehicle sales, auto parts sales, electric vehicle charging infrastructure operation, industrial design services and software sales.

Xpeng also established a new automotive sales and service company in Changsha, central China, on August 10. This new company’s business scope covers the sale of new energy vehicles, new energy vehicle parts and accessories, branded cars, automotive power batteries and the operation of used cars.

Xpeng established two new car sales companies in China on July 26, located in Hangzhou, Zhejiang Province and Dezhou, Shandong Province in eastern China.

Earlier, on June 18, Xpeng established a car sales company in Weihai, Shandong Province, eastern China, with a registered capital of RMB 10 million.

On June 17, Xpeng established a car sales company in Yancheng City, Jiangsu Province in eastern China with a registered capital of RMB 10 million.

Xpeng delivered 8,040 vehicles in July, its highest monthly delivery record, up 228 percent year-over-year and up 22 percent from June.

The company’s flagship sedan, the P7, delivered 6,054 units in July, the highest monthly delivery record since its launch.

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