Guangzhou, China–(Business Wire)–Xpeng Motors Co., Ltd. (“Xpeng” or the “Company”), a leading smart electric vehicle (“Smart Electric Vehicle”) company in China, NYSE: XPEV and HKEX: 9868 ) announced today that Ms. Fengying Wang (“Ms. Fengying Wang”) has been appointed President of the Company, effective January 30, 2023.
Ms. Wang will be responsible for the company’s product planning, product portfolio management and sales operations, and will report to Mr. He Xiaopeng, Chairman and Chief Executive Officer of the company.
“Ms. Wang brings to us over 30 years of automotive industry experience spanning roles in sales, strategy and senior management. Her leadership and expertise have been instrumental in driving the development of some of the most successful automotive products , has won wide recognition in the industry. We look forward to working with Ms. Wang to further enhance our product portfolio and leverage her outstanding experience and deep industry knowledge to accelerate the transformation of smart electric vehicles,” said Mr. Ho.
“We are committed to implementing our smart electric vehicle strategy and believe that elite talents like Ms. Wang will be valuable additions to our leadership and management team as we strive to achieve our long-term goals,” Mr. Ho added.
Before joining the company, Ms. Wang worked in Great Wall Motor Co., Ltd. for more than 30 years, starting from front-line sales, and successively held various leadership positions such as vice chairman and general manager. Ms. Wang graduated from Tianjin University of Finance and Economics in 1999 with a master’s degree in economics.
About Xiaopeng
XPeng Inc. (“XPENG”) is a leading smart electric vehicle company in China that designs, develops, manufactures and sells smart electric vehicles that appeal to a large and growing tech-savvy middle-class consumer. Its mission is to drive the transformation of smart electric vehicles through technology and data, and shape the future travel experience. In order to optimize customer travel experience, Xpeng Motors has independently developed a full-stack advanced driver assistance system technology and an on-board intelligent operating system, as well as core vehicle systems including powertrain and electrical/electronic architecture. Xpeng Motors is headquartered in Guangzhou, China, with major offices in Beijing, Shanghai, Silicon Valley, San Diego and Amsterdam. The company’s Smart EV is mainly produced at its factory in Zhaoqing, Guangdong Province. For more information, visit https://heyXPENG.com.
Safe Harbor Statement
This announcement contains forward-looking statements. These representations are made pursuant to the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” and similar terms. “”intends,” “plans,” “believes,” “estimates” and similar statements. Statements that are not historical facts, including statements about Xpeng Motors’ beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent Risks and Uncertainties. Many factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: XPENG’s goals and strategy; XPENG’s expansion plans; Financial conditions and results of operations; trends and size of China’s electric vehicle market; Xpeng Motors’ expectations for demand and market acceptance of its products and services; Xpeng Motors’ services with customers, contract manufacturers, suppliers, and third parties expectations of relationships with providers, strategic partners, and other stakeholders; general economic and business conditions; and assumptions related to or related to any of the foregoing. Further information on these and other risks is contained in Xpeng Automobile’s filings with the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and Xpeng Motors undertakes no obligation to update any forward-looking statement, except as required by applicable law.
