China Auto Daily丨XPeng Builds Local Supply Chain Teams in Europe, Southeast Asia

XPeng to Establish Overseas Localized Supply Chain Teams

Following the initiation of local production in Europe and Southeast Asia in 2025, XPeng Motors plans to establish independently operated, localized supply chain teams in these markets during 2026. This initiative, reported on January 13, aims to support and deepen the layout and operation of overseas supply resources. By building dedicated teams on the ground, XPeng seeks to enhance supply chain responsiveness and advance the implementation of its long-term "local roots, local production, global supply" strategy, which is crucial for its expanding international manufacturing footprint.

XPeng's Flying Car Unit Gearing Up for Hong Kong IPO

Market sources reported on January 12 that Xpeng Aeroht, the flying car subsidiary of XPeng Motors, has appointed banks to prepare for its initial public offering in Hong Kong. J.P. Morgan and Morgan Stanley are serving as joint sponsors for the share sale. According to insiders, the company has already submitted a confidential application for the listing, with the public debut potentially occurring within this year.

CADA: China's 2025 Used Vehicle Transactions Surpass 20 Million Units, Setting New Record

Data released by the China Automobile Dealers Association (CADA) on January 13 shows that the national used vehicle market traded 1.8711 million units in December 2025, marking a 7.15% month-on-month increase though a slight 1.53% year-on-year decrease. The transaction value for the month reached RMB 120.672 billion. Notably, the annual transaction volume for 2025 broke through the 20 million unit barrier for the first time, setting a historic record. Cumulative transactions from January to December totaled 20.108 million units, a 2.52% increase year-on-year, representing an additional 493,800 vehicles. The total annual transaction value amounted to RMB 1.28979 trillion (approximately USD 184.3 billion).

*(Exchange rate: RMB 7.0 = USD 1)*