GUANGZHOU, China, April 15, 2025 (GLOBE NEWSWIRE) — XPeng Inc. (“XPENG” or the “Firm,” NYSE: XPEV and HKEX: 9868), a number one Chinese language good electrical car (“Sensible EV”) firm, at present printed its 2024 Environmental, Social and Governance Report (the “Report”). The Report highlights the Firm’s achievements and steady progress towards its sustainability goals, together with its dedication to creating long-term worth for society.
2024 ESG Report Highlights:
- ESG Achievements: XPENG has been awarded the best MSCI ESG Ranking of AAA, highlighting its management in environmental, social, and governance practices.
- Sustainable Vitality Utilization: XPENG’s annual consumption of unpolluted power reached 25,718 MWh, complemented by photovoltaic energy technology totaling 43,544 MWh, showcasing vital strides in direction of renewable power adoption.
- Carbon-reduced Merchandise: The Sensible EVs produced by XPENG in 2024 are anticipated to scale back greenhouse fuel emissions by greater than 3.11 million tons over their lifecycle in comparison with typical gasoline vehicles, underscoring a powerful dedication to combating local weather change.
- Eco-friendly Manufacturing: XPENG was chosen for the Inexperienced Manufacturing Checklist by the Ministry of Trade and Data Expertise and awarded the title of “Nationwide Inexperienced Provide Chain Administration Enterprise.”, reflecting its dedication to sustainable industrial practices.
- Selling a Round Financial system: By establishing a complete end-to-end recycling administration course of for used energy batteries, XPENG promotes environment friendly waste useful resource utilization, contributing to a round financial system.
- Product High quality: XPENG obtained the ISO 9001 high quality administration system certification, making certain top-notch product high quality. No car recall incidents occurred in 2024, a testomony to the Firm’s rigorous requirements.
- High quality Enchancment Packages: All year long, XPENG carried out 9 main high quality enchancment initiatives geared toward enhancing its provide chain high quality, participating with 426 suppliers within the course of.
- Product Security: Two XPENG fashions acquired a five-star security score from C-NCAP, three XPENG fashions acquired a five-star security score from EURO NCAP, and one XPENG mannequin acquired a five-star security score from ANCAP, demonstrating the Firm’s unwavering dedication to security.
- Tech Improvements: The launch of the XPENG AI system, encompassing improvements in AI-driven vehicles, robots, and flying automobiles, is propelling the way forward for mobility options ahead.
- Data Safety: XPENG efficiently renewed its ISO 27001 Data Safety Administration System and ISO 27701 Privateness Data Administration System certifications. No data safety breaches, or different cybersecurity incidents occurred through the yr, underscoring XPENG’s efficient knowledge and data safety framework.
- Neighborhood Engagement: In collaboration with workers and XPENG homeowners, the Firm based the XPENG Volunteer Service Process Power, fostering a vibrant group of practically 1,200 registered volunteers who collectively contributed over 18,000 hours of service.
To view the complete 2024 ESG Report, please go to the ESG part of XPENG’s Investor Relations web site: https://ir.xiaopeng.com/esg.
About XPENG
XPENG is a number one Chinese language Sensible EV firm that designs, develops, manufactures, and markets Sensible EVs that enchantment to the big and rising base of technology-savvy middle-class shoppers. Its mission is to drive Sensible EV transformation with expertise, shaping the mobility expertise of the longer term. With a view to optimize its clients’ mobility expertise, XPENG develops in-house its full-stack superior driver-assistance system expertise and in-car clever working system, in addition to core car programs together with powertrain and {the electrical}/digital structure. XPENG is headquartered in Guangzhou, China, with major workplaces in Beijing, Shanghai, Silicon Valley, San Diego and Amsterdam. The Firm’s Sensible EVs are primarily manufactured at its crops in Zhaoqing and Guangzhou, Guangdong province. For extra data, please go to https://www.xpeng.com/.
Secure Harbor Assertion
This announcement comprises forward-looking statements. These statements are made below the “secure harbor” provisions of the USA Non-public Securities Litigation Reform Act of 1995. These forward-looking statements could be recognized by terminology comparable to “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and comparable statements. Statements that aren’t historic details, together with statements about XPENG’s beliefs and expectations, are forward-looking statements. Ahead-looking statements contain inherent dangers and uncertainties. Quite a lot of components may trigger precise outcomes to vary materially from these contained in any forward-looking assertion, together with however not restricted to the next: XPENG’s purpose and methods; XPENG’s enlargement plans; XPENG’s future enterprise growth, monetary situation and outcomes of operations; the traits in, and dimension of, China’s EV market; XPENG’s expectations relating to demand for, and market acceptance of, its merchandise and providers; XPENG’s expectations relating to its relationships with clients, suppliers, third-party service suppliers, strategic companions and different stakeholders; basic financial and enterprise circumstances; and assumptions underlying or associated to any of the foregoing. Additional data relating to these and different dangers is included in XPENG’s filings with the USA Securities and Alternate Fee. All data offered on this announcement is as of the date of this announcement, and XPENG doesn’t undertake any obligation to replace any forward-looking assertion, besides as required below relevant regulation.
Contacts:
For Investor Enquiries:
IR Division
XPeng Inc.
E mail: ir@xiaopeng.com
Jenny Cai
Piacente Monetary Communications
Tel: +1 212 481 2050 / +86 10 6508 0677
E mail: xpeng@tpg-ir.com
For Media Enquiries:
PR Division
XPeng Inc.
E mail: pr@xiaopeng.com
Supply: XPeng Inc.
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