Chinese leading smart EV maker XPENG announced its arrival on the car market in Switzerland, the Czech Republic and Slovakia. The company has entered into an agreement with Hedin Mobility Group regarding the import and distribution rights for XPENG in both countries as well as sales of vehicles, aftermarket services, and spare parts. Sales will start in the markets in the second quarter of 2025.
The introduction of XPENG in Switzerland, the Czech Republic and Slovakia marks another milestone for XPENG in Europe.
“Our brand launch and our partnership with Hedin Mobility Group bolster XPENG’s European ambitions,” says Alex Tang, Head of International Division of Sales and Service at XPENG. “We are excited to introduce consumers in Switzerland, the Czech Republic and Slovakia to a new standard in electric mobility, combining XPENG’s innovative technology with exceptional design to deliver an unparalleled experience that meets the demands of today’s drivers.”
With the start of sales in Switzerland, the Czech Republic and in Slovakia, XPENG is strengthening its market presence in Central Europe.
XPENG becomes Hedin Mobility Group’s fourteenth distribution brand, which means that Hedin Mobility Group further strengthens its position as a leading European distributor. The strategic partnership with XPENG also underscores Hedin Mobility Group’s strong commitment to delivering innovative and sustainable mobility solutions in the European markets where the company operates. Hedin Mobility Group is one of Europe’s largest mobility providers, with more than 12,500 employees and operations in 14 countries. In 2023, the Group sold more than 218,000 vehicles.
XPENG is committed to Europe. Since entering the European car market in Norway in 2021, XPENG has introduced advanced technologies and solutions, now operating in Germany, France, the United Kingdom, Norway, Denmark, Sweden, Finland, Iceland, the Netherlands, Belgium, Luxembourg, Spain, Portugal, Ireland and soon also in Switzerland, Poland, the Czech Republic, and Slovakia with ambitions for more expansion. The company plans to operate in more than 60 global markets by the end of 2025, with an ambitious goal of achieving half of its sales from overseas markets.
The company has successfully launched three vehicles in Europe – the sleek P7 sedan, the popular G9 flagship SUV, and the ultra-smart G6 coupe SUV – each of which has earned the prestigious Euro NCAP 5-star safety rating. All models will all be available in Switzerland, the Czech Republic and Slovakia.
In a related news, UK-based Lloyds Banking Group has teamed up with International Motors Limited (IML) to offer finance and leasing products for XPENG’s electric vehicles, marking XPENG’s entry into the UK market.
The EVs will be offered through International Motors Finance, a collaborative venture between IML and Black Horse, the motor finance arm of Lloyds Banking Group.
Customers will have the option of hire or personal contract purchase, offering payment flexibility and choice, the bank said.
Additionally, XPENG vehicles in the UK will be accessible for personal contract hire or business contract hire through Lex Autolease, the bank’s motor leasing division.
The first model to be launched in the UK is the XPENG G6 coupe SUV, a zero-tailpipe emission mid-size SUV.
