Shulou(Shulou.com)11/24 Report--

CTOnews.com, April 25, according to Hong Kong Economic Daily, Gu Hong, vice chairman and president of Xiaopeng Automobile, said that the industry is expected to be more concentrated in the next five to 10 years, and the global automobile industry will shrink to only 10 companies as fierce competition in China's electric vehicle market spreads to the global stage.

Gu Hong pointed out that if Chinese car companies are to survive, they need to sell at least 3 million cars a year, supported by global exports, and half of their deliveries may come from outside China. "to join that'3 million club', you can't just be a Chinese player, you have to be a global player."

He also pointed out that it may be difficult for Chinese car companies to enter the US market today, and the group needs time to study and find ways to enter the market. Even so, he believes the group still sees a lot of growth opportunities in the market outside China.

▲ Xiaopeng Automobile Holland's first brand direct experience store, the picture from Xiaopeng official website (the same below) said here, everyone should be very curious, Xiaopeng car sales abroad how? In fact, Xiaopeng has not disclosed overseas sales for a long time, but since the 2020 Xiaopeng G3, 2021 Xiaopeng P7, 2022 Xiaopeng P5 and other models, Xiaopeng has been delivered in European markets such as Norway.

In terms of current business, Xiaopeng has built a basic system in Norway, including sales, delivery, after-sales, charging, service and lifestyle.

In the Netherlands, Xiaopeng chose to cooperate with Emil Frey NV Group, the largest local retailer. According to the 2020 European dealer ranking released by ICDP, an international automobile industry research institute, Emil Frey NV Group of the Netherlands ranks No. 1.

At the beginning of this year, Xiaopeng announced the launch of two new models in Europe. Xiaopeng's annual wrap-up meeting has also expressed its expansion of overseas markets, including the launch of two overseas models in 2023, a third overseas model in 2024 and a discussion of overseas models in 2025.

As for the service system, Xiaopeng previously announced plans to open four Xiaopeng delivery and service centers in Norway, the Netherlands, Sweden and Denmark to provide pre-delivery inspection, after-sales and maintenance services. the service center is expected to open in the first half of 2023.

Public data show that after arriving in Norway in 2020, Xiaopeng delivered a total of 100 Xiaopeng G310 G3 and P7 in 2021, a total of 438. Xiaopeng seems to have sold only 1006 cars overseas in 2020 and 2022, according to CTOnews.com from the statistics website Cleantechnica.

With regard to the transcripts of overseas markets, he Xiaopeng publicly responded: "it takes 10 years of deployment and preparation determination to go to sea, and overseas developed markets will contribute half of Xiaopeng's car delivery volume."

After 2022, Xiaopeng's overseas war is still accelerating. In February 2022, Xiaopeng launched the 2.0 strategy to fight again in Europe, announcing a strategic cooperation agreement with leading European dealers Emil Frey NV Group of the Netherlands and Bilia Group of Sweden to promote the rapid introduction of Xiaopeng into the local market, and established the first direct experience store in Europe in Stockholm, Sweden.

Refer to Xiaopeng Automobile 2022 Annual report. As of December 31, 2022, Xiaopeng's total revenue for the year was 26.86 billion yuan, up 28.0 percent from the same period last year, of which car sales revenue was 24.84 billion yuan, up 23.9 percent from the same period last year. However, Xiaopeng posted a net loss of 9.14 billion yuan in 2022, up from 4.86 billion yuan in 2021.

According to reports, Xiaopeng delivered a total of 120757 cars in 2022, an increase of 23 percent over the same period last year, of which the Xiaopeng G9 was 6373. By the end of 2022, Xiaopeng had 1014 self-operated charging stations, including 808 supercharging stations.

Related readings:

"Xiaopeng Automobile CEO he Xiaopeng: the annual sales scale of 3 million vehicles is only an admission ticket. Ten years later, there will be only eight mainstream car companies."

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