XPeng EV Sales Continued To Decrease In February 2023 via insideevs.com
and opened several new stores in select markets.
"In parallel with efforts to accelerate market share gains domestically, the Company continued to extend its presence in international markets. In February 2023, XPENG opened its second retail stores in both Denmark and the Netherlands. At the same time, the first European service center also started operation in Lørenskog, Norway."Time will tell whether XPeng will be able to reverse the recent trend and increase sales, beyond 10,000 units a month like in the past.
That's a very crucial challenge for the start-up, which faces fierce competition in its home market not only on the technical level but the price level too.
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