Xpeng Motors' vehicle and powertrain project is set to settle in the General Aviation and Satellite Industrial Park in Wuhan Economic & Technological Development Zone (WHDZ), with construction work scheduled to begin this year.
According to the project agreement, the development will include the construction of a vehicle and powertrain plant. The planned production capacity of the vehicle project is 100,000 vehicles annually.
Headquartered in Guangzhou in South China's Guangdong province, Xpeng Motors is one of China's leading smart electric vehicle companies.
It has R&D centers in Beijing, Shanghai, Shenzhen, Silicon Valley and San Diego.
In order to optimize its users' travel experience, Xpeng Motors independently researches and develops full-stack autonomous driving technology and intelligent voice-driven on-board operating systems, as well as core vehicle systems including power systems and electrical and electronic architecture.
In March this year, Xpeng Motors delivered a total of 5,102 units, an increase of 130 percent month-on-month and 384 percent year-on-year. Its monthly delivery volume has doubled year-on-year for nine consecutive months.
The total delivery volume in the first quarter of this year reached 13,340 units, setting a new record in the company's history.
