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Home News China’s Xpeng signs partnership with UAE’s Ali&Sons, eyes Italian market

China’s Xpeng signs partnership with UAE’s Ali&Sons, eyes Italian market

by Uma Rajagopal
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2024 02 22T052211Z 1 LYNXNPEK1L05T RTROPTP 4 XPENG EMIRATES scaled

China’s Xpeng signs partnership with UAE’s Ali&Sons, eyes Italian market

BEIJING (Reuters) – China’s Xpeng on Thursday said it has established a strategic partnership with UAE-based Ali&Sons and added Italy to its Europe plans, as the electric vehicle maker ramps up overseas expansion.

The announcement adds to Xpeng’s partnerships with local dealers for the Egypt, Azerbaijan, Jordan and Lebanon markets.

Multiple Xpeng models will go on sale in the five Middle East and North African countries starting in the second quarter of this year, the company said in a statement on its WeChat account.

Xpeng will begin offering the G6 and G9 SUV models in the UAE from the third quarter, while deliveries of the P7 sedan and G9 SUV will start in Jordan and Lebanon from the second quarter and in Egypt from the third quarter.

The firm also expanded its European market plans to include Italy. It had previously said it was planning to expand into Germany, Britain and France at the IAA Mobility motor show in Munich last September.

Other than a bigger global footprint, Xpeng also eyed more hiring and artificial intelligence R&D investments, as it seeks to survive what it describes as a “bloody sea” of competition in the world’s largest auto market.

 

(Reporting by Beijing newsroom; Editing by Jacqueline Wong and Varun H K)

 

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Uma Rajagopal has been managing the posting of content for multiple platforms since 2021, including Global Banking & Finance Review, Asset Digest, Biz Dispatch, Blockchain Tribune, Business Express, Brands Journal, Companies Digest, Economy Standard, Entrepreneur Tribune, Finance Digest, Fintech Herald, Global Islamic Finance Magazine, International Releases, Online World News, Luxury Adviser, Palmbay Herald, Startup Observer, Technology Dispatch, Trading Herald, and Wealth Tribune. Her role ensures that content is published accurately and efficiently across these diverse publications.