Xiaopeng Motors' 10-Year Entrepreneurial Journey and Future Developments

TapTechNews August 27th news, at the scene of Xiaopeng's 10-year Passion Night and the launch event of Xiaopeng MONAM03, He Xiaopeng, the chairman and CEO of Xiaopeng Motors, recounted the 10-year entrepreneurial journey of Xiaopeng Motors:

In the early days of entrepreneurship in 2014, the garage of Xiaopeng didn't even have an air conditioner, and everything related to people was saved as much as possible.

In 2017, when new car-making companies entered the game one after another, the first car of Xiaopeng was delayed in listing, costing an additional 428 million yuan.

In 2018, Xiaopeng G3 was listed, supporting functions such as automatic parking and voice interaction.

In 2019, financing was difficult during the financial crisis, Xiaopeng Motors was at the door of the ICU, and among the 400 million US dollars raised that year, 200 million was paid by He Xiaopeng himself.

In 2020, P7 was listed and won the sales champion, and Xiaopeng Motors was listed on the New York Stock Exchange.

In 2023, after G9 experienced a fiasco but was recognized by Volkswagen in Germany, it opened a brand-new cooperation model in the Chinese auto industry.

In addition, He Xiaopeng also emphasized that even in the toughest times, Xiaopeng has never actively laid off the intelligent driving team.

Earlier today, TapTechNews reported that Gu Hongdi, the honorary vice chairman and co-president of Xiaopeng Motors, said in an interview that the company aims to expand its business scope from the current 30 countries and regions to at least 40 by the end of this year, and will launch products in Malaysia this week and officially announce its entry into the Singapore market.