China’s Xpeng officially enters Hong Kong following tie-up with car distributor Sime Darby
- The Guangzhou-headquartered company has formed a partnership with Malaysia’s Sime Darby Motors to distribute its cars in Hong Kong
- The carmaker will sell the G6 SUV and X9 MPV from HK$299,000 (US$38,450) and HK$500,000, respectively
China’s Xpeng has officially announced its entry into Hong Kong, as the electric-vehicle maker doubles down on its expansion plans along with its domestic peers.
The Guangzhou-headquartered company displayed the battery-powered G6 SUV and X9 MPV, as well as the Voyager X2 two-seater flying car made by its affiliate Xpeng AeroHT, at the Harbour City shopping centre in Tsim Sha Tsui on Friday.
The entry-level G6 will be sold at HK$299,000 (US$38,450) as part of a trade-in offer, while the X9 similarly starts at HK$500,000. Both models will be equipped with Cantonese voice control.
“We are committed to providing the best products and first-rate customer services that meet the aspiration of Hong Kong consumers,” said James Wu, vice-president of finance and accounting at Xpeng.
On Tuesday, the Biden administration said it would raise tariffs on EVs to 100 per cent, as part of levies on US$18 billion of Chinese goods to protect US producers. An investigation launched by the EU last year into Beijing’s subsidies for carmakers could result in similar duties and derail plans.