Xpeng to ride BYD’s coattails in Australia

AutoExec Summary
Chinese car maker Xpeng is confident in its success in Australia, following the footsteps of its predecessor BYD, which has established a strong reputation in the country. Xpeng’s Australian distributor, True EV, believes that the acceptance of Chinese manufacturers by Australian customers has made it easier for Xpeng to enter the market. With a capacity to produce 600,000 cars a year, Xpeng is poised to make a significant impact. BYD, on the other hand, has seen exponential growth in sales since entering the Australian market two years ago, becoming the second best-selling EV manufacturer. Xpeng is set to launch its first Australian model, the G6, in September 2024.

Brands mentioned: BYD, Xpeng, Tesla