Xpeng Motors releases XPD 2.0 to upgrade its product development system

He Xiaopeng announced in an internal letter that XPeng Motors will release XPD 2.0 (Xpeng Product Development System) on the first day of the new year. XPeng Motors completed the delivery of its 10,000th vehicle in Europe in Ebersberg, Germany on the 20th of this month, becoming China's first pure electric new power brand to achieve 10,000 vehicle deliveries in Europe. By the end of 2025, XPeng Motors plans to enter more than 60 countries and regions. In the second half of 2024, XPeng Motors achieved a sales turnaround with two new cars, MONA M03 and P7+, and its gross profit margin increased by about 20 percentage points in one year. In addition, cooperation with Volkswagen has also been deepened.