XPENG Motors, the prominent Chinese smart electric vehicle company traded on both has officially unveiled its strategic partnership in Thailand. This significant move comes as XPENG announces its entrance into the ASEAN market, solidifying its presence in the region. The partnership, forged with Neo Mobility Asia Co., Ltd., a joint venture between Arun Plus Mobility Holdings Co., Ltd. and MGC-Asia GreenTech Co., Ltd., marks a pivotal step in XPENG’s global expansion strategy.
In line with its international expansion plans, XPENG has been actively seeking partnerships with key players in strategic markets. The company has already secured agreements with Premium Automobiles in Singapore and Bermaz Auto in Malaysia, further enhancing its distribution and sales network in the region.
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