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https://i-invdn-com.akamaized.net/trkd-images/LYNXMPEG8R05C_L.jpgXpeng, listed in New York and headquartered in Guangzhou, will start making cars at the factory from the end of 2022. It is already makes P7 sedans and G3 sport-utility vehicles in two existing factories in China.
The Guangzhou city government will provide the financing to Xpeng to build the new plant in the area, Xpeng said in a statement. The new plant will have an annual car manufacturing capacity of 100,000 vehicles.