HK Stock Market Move | XPENG-W(09868) rises by over 5% again, officially announces entry into four European countries including Poland, and is expected to begin selling multiple models such as the XPeng P7 in the second quarter.

XPENG-W(09868) rose over 5% again, as of the time of writing, it was up by 5.28% at 102.6 Hong Kong dollars, with a turnover of 481 million Hong Kong dollars. On the news front, on March 11, XPENG-W announced that it had taken a significant step in its globalization strategy by officially entering the markets of Poland, Switzerland, the Czech Republic, and Slovakia. This move marks XPENG's further expansion into the European market, with the company expecting to start selling the XPENG P7, XPENG G9, and XPENG G6 in these four countries in the second quarter of 2025. According to XPENG's chairman He Xiaopeng, since the first batch of 100 G3 models was shipped to Europe in 2020, XPENG's globalization has been underway for five years, expanding its footprint to more than 30 countries and regions around the world, from Europe to Southeast Asia to the Middle East. In terms of overall planning, XPENG plans to enter markets in over 60 countries and regions globally by the end of 2025, with the goal of overseas sales accounting for 50% of total sales in the next decade.