While Nio is pressing ahead with the construction of battery swap stations, its local counterpart Xpeng Motors seems to be focusing on setting up new sales companies.
Xpeng launched a new auto sales and service company in Changsha, central China, on Aug. 10, which is 100 percent owned by its Changsha-based parent company, according to data provider Qichacha.
This new company’s business scope covers sales of new energy vehicles, new energy vehicle parts and accessories, branded cars, power batteries and the operation of used cars.
This is the latest sales company established by Xpeng in the recent past.
Xpeng set up 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% year-on-year and up 22% from June.
The company’s flagship sedan, the P7, delivered 6,054 units in July, its highest monthly delivery record since launch.
