Understanding the Market | XPENG-W rises over 6% again as XPeng announces entry into five European countries, with the first batch of new cars rolling off the production line at the Austria factory
XPENG-W rose over 6% again, as of the time of writing, up 6.02%, reported at HKD 91.65, with a transaction volume of HKD 1.021 billion. In terms of news, on September 26, XPeng announced its official entry into the markets of Switzerland, Austria, Hungary, Slovenia, and Croatia. The company has reached an official cooperation agreement with Hedin Group, planning to gradually launch the 2025 XPeng G6 and 2025 XPeng G9 in Switzerland, with the XPeng P7+ set to be launched in the first half of 2026. At the same time, XPeng announced that it will officially enter the Austrian market in October 2025. Additionally, XPeng will also simultaneously expand into Hungary, Slovenia, and Croatia. Notably, on September 15, XPeng officially announced important plans for localized production in Europe, engaging in deep cooperation with the Magna factory located in Graz, Austria, leveraging the existing mature production lines of the factory to vigorously promote the localization of electric vehicle production in Europe. XPeng's first European localized production project will officially start in Q3 2025 at the Magna factory in Graz, Austria, with the first batch of XPeng G6 and XPeng G9 successfully rolling off the production line. In the future, the factory will also produce more XPeng models
According to Zhitong Finance APP, XPeng-W (09868) has risen over 6% again, with a current increase of 6.02%, priced at HKD 91.65, and a transaction volume of HKD 1.021 billion.
In terms of news, on September 26, XPeng announced its official entry into the markets of Switzerland, Austria, Hungary, Slovenia, and Croatia. The company has reached an official cooperation agreement with the Hedin Group, planning to gradually launch the 2025 XPeng G6 and 2025 XPeng G9 in Switzerland, with the XPeng P7+ set to be launched in the first half of 2026. At the same time, XPeng announced that it will officially enter the Austrian market in October 2025. Additionally, XPeng will also simultaneously expand into Hungary, Slovenia, and Croatia.
It is worth noting that on September 15, XPeng officially announced important plans for localized production in Europe, engaging in deep cooperation with the Magna factory located in Graz, Austria. Leveraging the existing mature production lines of this factory, XPeng aims to significantly promote the localization of electric vehicle production in Europe. XPeng's first European localized production project will officially start in Q3 2025 at the Magna factory in Graz, Austria, with the first batches of XPeng G6 and XPeng G9 successfully rolling off the production line. In the future, this factory will also produce more XPeng models
