Xpeng to double capacities at Zhaoqing factory
The Chinese electric car manufacturer Xpeng has announced that it will expand its existing plant in Zhaoqing. This will double the annual production capacity there to 200,000 vehicles.
According to the manufacturer, an agreement has been reached with the Zhaoqing municipal government and the Zhaoqing High Technology Industry Development Zone to build the second phase of the plant. After completion of the second construction phase, the plant should be able to build 200,000 vehicles per year.
It is not clear from Xpeng’s statement when exactly the expansion is to be completed. Nor does it mention the costs for the expansion. It only says that the local government is supporting the project financially and economically.
Xpeng had also started building another plant in Wuhan in early August, which will have an annual capacity of 100,000 electric cars. In addition, a third plant has been under construction in Guangzhou since September 2020. This is scheduled to go into operation at the end of 2022, the one in Wuhan probably in the course of 2023.
When the currently announced construction projects are completed, Xpeng would have a capacity of 400,000 vehicles per year. If the two plants under construction in Guangzhou and Wuhan are later expanded to 200,000 vehicles in a second phase (which has not yet been announced), Xpeng could build as many as 600,000 vehicles per year.
Currently, the company founded and led by He Xiaopeng offers two models, the G3 electric SUV and the P7 electric sedan. The third model, the P5, has already been presented but is not yet on the market.