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[BUSINESS] · China, South Korea · 2 sources

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XPeng reports record October deliveries amid international expansion

XPeng has announced record vehicle deliveries for October, totaling 50,237 units. This represents a 20 percent increase compared to the same month last year. The company also achieved a significant milestone in international markets, where overseas deliveries rose by 166 percent year-on-year to 13,326 vehicles.

As part of its expansion strategy, XPeng is preparing to enter the South Korean market. Lee Man-sik has been appointed as the Managing Director of XPENG Motors Korea, effective December 1. The company has not yet announced a specific market launch date.

Additionally, XPeng received qualification in Guangzhou for the demonstration operation of Level 4 autonomous robotaxis. The company is scheduled to release its quarterly financial results on November 16.

Entities

Guangzhou · Lee Man-sik · South Korea · XPeng