Xpeng appointed Fengying Wang as president

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Guangzhou, China — (Business Wire–XPeng Inc. Wang”) has been appointed as the company’s president effective January 30, 2023.

Ms. Wang will be in charge of the company’s product planning, product portfolio management and sales operations, reporting to the company’s chairman and CEO, Mr. He Xiaopeng.

“Ms. Wang brings to us more than 30 years of experience in the automotive industry, including roles in sales, strategy and senior management. Her leadership and expertise have earned her outstanding industry recognition for developing some of the most successful automotive products. Her extensive experience and deep industry knowledge will help accelerate the smart EV transition. “We look forward to working with Ms. Wang to further expand our product portfolio,” said Mr. He.

“We are committed to implementing our smart EV strategy, and we are confident that an outstanding talent like Ms. Wang will be a valuable addition to our leadership and management teams as we strive to achieve our long-term goals,” he added.

Prior to joining the company, Ms. Wang worked at Great Wall Motor Co., Ltd. for more than 30 years, working her way up from frontline sales to various leadership positions, including vice chairman and general manager. Ms. Wang graduated from Tianjin Institute of Finance in 1999 with a master’s degree in economics.

About Xpeng Inc.

Xpeng Inc.’s mission is to drive the smart EV revolution through technology and data, shaping the mobility experience of the future. XPENG develops in-house a full stack of advanced driver assistance system technology and in-car intelligent operating systems, as well as the powertrain and electrical/electronic architecture of core vehicle systems to improve its customers’ mobility experience. XPENG is headquartered in Guangzhou, China with major offices in Beijing, Shanghai, Silicon Valley, San Diego and Amsterdam. The company’s smart EVs are mainly manufactured at its factory in Zhaoqing, Guangdong province. For more information, please visit https://heyXPENG.com.

Statement of Safe Harbor

This announcement contains forward-looking statements. These disclosures are subject to the “Safe Harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements may be identified by words such as “will,” “expects,” “expects,” “future.” ” “thinks,” “plans,” “believes,” “estimates,” and similar expressions. Statements that are not historical facts, including statements about XPENG’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to: XPENG’s goals and strategies; XPENG expansion plans; XPENG’s future business development, financial condition and results of operations; Trends and size in the Chinese EV market; XPENG’s expectations regarding demand for and market acceptance of its products and services; XPENG’s expectations regarding its relationships with customers, contract manufacturers, suppliers, third-party service providers, strategic partners and other stakeholders; general economic and business conditions; and assumptions relating to or related to any of the foregoing. Additional information regarding these and other concerns is included in XPENG’s filings with the SEC. All information presented in this press release is as of the date of this press release, and Xpeng undertakes no obligation to update any forward-looking statement except as required by applicable law.

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