XPeng’s Guangzhou Factory Obtains Production Qualification to Produce G9

Chinese electrical car maker XPeng‘s Guangzhou manufacturing facility obtained a manufacturing qualification in January, and is predicted to be open to customers and companions in early March. Currently, solely the G9 is produced there, native media outlet Jiemian News reported on February 10.

On September 28, 2020, the development of the manufacturing facility began and was initially deliberate to be accomplished and put into manufacturing by the top of 2022. It has 5 course of workshops for stamping, welding, portray, ultimate meeting and packing, that are used for its new mannequin analysis and growth, car manufacturing and gross sales. In that 12 months, XPeng additionally reached an settlement with an organization that’s wholly managed by Guangzhou Hi-Tech Industry Development Zone. The startup offered 4 billion yuan ($585 million) in financing to assist XPeng in accelerating its enterprise enlargement.

XPeng at present sells 4 fashions: G3, P5, P7 and G9. Originally, the G3 was manufactured by Haima Automobile’s manufacturing facility, however after the settlement expired, it was transferred to XPeng‘s Zhaoqing manufacturing facility. The P5 and P7 had been additionally produced in Zhaoqing. The G9, which adopts a brand-new platform, is produced on the Guangzhou base that was initially designed to have an annual manufacturing capability of 100,000 autos. In addition, XPeng plans to construct a brand new manufacturing facility in Wuhan, Hubei Province.

Since 2017, regulatory departments in China have tightened the applying and examination of recent power car manufacturing {qualifications}. EV makers typically select unique tools producers or purchase enterprises and factories which might be on the verge of chapter however have manufacturing {qualifications}. XPeng rival Li Auto‘s newly-built inexperienced clever manufacturing manufacturing facility with an annual output of 100,000 pure electrical passenger vehicles is predicted to obtain its manufacturing qualification in April, and the primary pure electrical SUV will probably be rolled off the manufacturing line in July. Mass manufacturing will begin in September.

SEE ALSO: XPeng Launches G9 SUV and P7 Sedan for Europe

On February 8, an car blogger revealed that Wang Fengying, the previous president of Great Wall Motor who had simply joined XPeng, had set the objective of “selling millions of vehicles in three years and reaching 100 billion dollars in market value in five years”. As a reference, in 2021 and 2022, XPeng delivered 98,155 and 120,757 autos respectively.

In view of XPeng, Wang Fengying as soon as identified two hidden risks. First, there’s a lack of clear spine classes, which makes it troublesome to set up a transparent model picture in customers’ minds. Secondly, there aren’t any variations between an clever car made by XPeng and one made by a rival.

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