Xpeng: owner, models, markets and what the name means
Facts checked United States status as of 4 September 2026
- Private
- Electric-native
- NYSE XPEV
- HKEX 9868
Xpeng is the single marque of XPeng Inc., a Guangzhou company founded on 15 August 2014 by two former GAC engineers, Xia Heng and He Tao, with Yang Chunlei; He Xiaopeng funded it and gave it his name but did not take charge until August 2017. Its first production car was the G3, a compact SUV built from November 2018 and shown at the Consumer Electronics Show in Las Vegas that December.
The brand is built around battery-electric cars with the company's own driver-assistance software, and it has sold more of them outside China than any of the other startups in this group. It exports from Zhaoqing and Guangzhou, and has had the P7+ assembled under contract by Magna Steyr in Graz, Austria for European sale.
By January 2026 Xpeng reported selling in 60 overseas countries and regions through 380 overseas stores, of which 290 were in 28 European countries, alongside 721 outlets in China. Norway, in 2021, was its first overseas market. It entered Mexico on 27 March 2026 with the G6 and G9 and has said it will add Brazil and Colombia in 2026, Chile and Argentina from 2027 and full Latin American coverage by 2028.
Xpeng delivered 429,445 vehicles in 2025, 125.9% more than the year before, and turned its first quarterly net profit in the fourth quarter.
Key facts
| Chinese name | 小鹏 “SHYAOW-pung” The founder's given name: 小 xiǎo 'little' plus 鹏 péng, the enormous bird of the Zhuangzi that turns from a fish and flies to the southern ocean. The full marque is 小鹏汽车, 'Xiaopeng Motors'. |
|---|---|
| Also written | XPENG, XPeng, Xiaopeng and Xpeng Motors |
| Owner | Xpeng |
| Founded | 2014 |
| Headquarters | Guangzhou, China |
| Origin | China |
| First car | Xpeng G3, 2018 |
| Vehicles | Cars |
| Segment | Electric-vehicle start-up |
| United States | Never sold in the United States — No Xpeng car has been offered for sale in the United States. XPeng Inc.'s American depositary shares trade on the New York Stock Exchange, which is a listing rather than a sales presence, and the company's published expansion plans name Europe, Asia-Pacific, the Middle East and Latin America but not the United States. |
| Official site | www.xpeng.com |
| 2025 deliveries | 429,445 vehicles, up 125.9% on 2024 |
| Overseas footprint | 60 overseas countries and regions and 380 overseas stores as of January 2026, of which 290 stores in 28 European countries; more than 1,000 outlets worldwide with 721 in China |
| First production car | G3 compact SUV, built from November 2018 and shown at CES in Las Vegas that December |
| Markets list | The country list here covers only markets named in the sources cited; Xpeng reports 60 overseas markets in total, and the Netherlands, Denmark, Sweden, Thailand, Bahrain, Brazil and Colombia appear in other reporting that this record did not verify |
| Latin America | Entered Mexico on 27 March 2026 with the G6 and G9; Brazil and Colombia stated for 2026, Chile and Argentina from 2027, full regional coverage by 2028 |
| European assembly | The P7+ has been assembled under contract by Magna Steyr in Graz, Austria for European sale from 2025 |
Who owns Xpeng?
Volkswagen Group holds a stake in Xpeng at 4.99% since December 2023.
Volkswagen states that it acquired around 4.99% of XPENG's total issued and outstanding share capital in December 2023, under a framework agreement the two announced in July 2023. The purchase price is not given in the Volkswagen release checked here; contemporaneous reporting put it at about US$700 million, which this record does not confirm from a primary document. The stake sits alongside a platform and software collaboration: two mid-size Volkswagen-brand electric models for China, starting with an SUV, due on the road in 2026, plus a joint sourcing programme. In February 2026 Volkswagen became the first outside customer for XPeng's VLA 2.0 driver-assistance software. It is a minority stake and a partnership, not a joint-venture company.
The full ownership page for Xpeng · Is Xpeng Chinese?
Xpeng models
| Model | Name in China | Body | Powertrain | Range | Price in China |
|---|---|---|---|---|---|
| 小鹏G6G6 | 小鹏G6 / XPENG G6 | SUV | Battery-electric | 625 km CLTC | CNY 176,800 as of |
| 小鹏G9G9 | 小鹏G9 / XPENG G9 | SUV | Battery-electric | 725 km CLTC | CNY 248,800 as of |
| 小鹏MONA M03Mona M03 | 小鹏MONA M03 / XPENG MONA M03 | Hatchback | Battery-electric | 515 km CLTC | CNY 119,800 as of |
| 小鹏P7+P7+ | 小鹏P7+ / XPENG P7+ | Saloon | Offered with more than one powertrain | 725 km CLTC | CNY 186,800 as of |
| 小鹏X9X9 | 小鹏X9 / XPENG X9 | MPV | Offered with more than one powertrain | 702 km CLTC | CNY 359,800 as of |
Where Xpeng is sold
Recorded in 15 market s: CN, Norway, Germany, Spain, PT, United Kingdom, Italy, France, PL, MA, SG, Malaysia, Indonesia, Australia and Mexico. Where a company publishes only its principal markets, that is a floor and not a complete list.
| Country | Code | Market page |
|---|---|---|
| China | CN | no page yet |
| Norway | NO | Chinese cars in Norway |
| Germany | DE | Chinese cars in Germany |
| Spain | ES | Chinese cars in Spain |
| Portugal | PT | no page yet |
| United Kingdom | GB | Chinese cars in the United Kingdom |
| Italy | IT | Chinese cars in Italy |
| France | FR | Chinese cars in France |
| Poland | PL | no page yet |
| Morocco | MA | no page yet |
| Singapore | SG | no page yet |
| Malaysia | MY | Chinese cars in Malaysia |
| Indonesia | ID | Chinese cars in Indonesia |
| Australia | AU | Chinese cars in Australia |
| Mexico | MX | Chinese cars in Mexico |
Xpeng: questions people ask
- Is Xpeng Chinese?
- Yes. XPeng Inc. is headquartered in Guangzhou, builds its cars at Zhaoqing and Guangzhou in Guangdong province, and was founded in China in 2014. Its shares are listed in New York and Hong Kong, and some cars for Europe are assembled under contract in Austria.
- What does Xpeng mean?
- It is the founder's name. The Chinese marque 小鹏 (Xiǎopéng) is He Xiaopeng's given name — 小 'little' and 鹏 Péng, the giant mythical bird of the Zhuangzi. The export spelling compresses it to Xpeng.
- Who owns Xpeng?
- It is a listed company with no controlling shareholder. He Xiaopeng is chairman and chief executive. Volkswagen has held about 4.99% since December 2023, and Alibaba, the largest outside holder at 13.3% when the company listed in 2020, had cut its stake to 4.94% by March 2024.
- Is Xpeng sold in the United States?
- No. Xpeng's shares trade in New York but it has never sold a car there. It sells in China and in about 60 overseas countries and regions, mostly in Europe, Southeast Asia, Australia and, since 2026, Latin America and the Gulf.
- How do you pronounce Xpeng?
- As two parts, 'X-peng', with the p sounded — roughly ex-PUNG in English. In Chinese the name is 小鹏 (Xiǎopéng), said SHYAOW-pung, because Mandarin x is a soft 'sh' made near the front teeth.
Related
Sources for Xpeng
- XPeng Inc. / U.S. Securities and Exchange Commission, XPENG Reports Fourth Quarter and Fiscal Year 2025 Unaudited Financial Results (Form 6-K, Exhibit 99.1). Read .
- CnEVPost, Xpeng's sales outlets surpass 1,000 as global footprint expands to 60 countries. Read . Names the UK, Italy, Morocco, Poland, France and Germany among Xpeng's markets and gives the store counts.
- Wikipedia, XPeng. Read . Finding aid for the G3 dates, the market entry years for Norway, Germany, Spain, Portugal, Singapore, Malaysia, the UK, Indonesia, Italy and Australia, and the Magna Steyr arrangement in Graz.
- CnEVPost, Xpeng enters Mexico with G6 and G9 SUVs to accelerate global push. Read .