It is learned from Chinese media sources (Jiemian News, etc), on November 28, in response to the news of self-developed batteries, XPeng replied that there was no plan for self-developed batteries. The company is currently firmly focusing on the main business of cars, controlling costs and improving operational efficiency.
It has been reported that XPeng has recruited former BMW senior battery engineer Zhong Liang to be responsible for self-developed batteries. The latter is the senior director of battery technology at XPeng and has joined for more than half a year. In response, XPeng replied that Zhong Liang is an old employee and has been in charge of cooperating with major battery factories for a long time.
The news that XPeng will develop its own batteries is not groundless. On November 16, Guangzhou Pengbo Automobile Technology Co., Ltd. was established with a registered capital of RMB 5 billion. The legal representative of the company is Xia Heng, one of the co-founders of XPeng. The business scope includes engineering and technology research and test development, auto parts and accessories manufacturing, battery manufacturing, etc.
According to the equity penetration information, this company is wholly owned by XPeng Power Battery (Hong Kong) Limited, so it is also seen by the outside world as a signal that XPeng will promote battery self-supply.