XPENG launched its first locally produced X9 in Indonesia, alongside the New G6, at GIIAS 2025.
Quiver AI Summary
XPENG Motors has announced a significant milestone by becoming the first company to localize vehicle production in Indonesia, where it unveiled its first locally made X9 at the 2025 Gaikindo Indonesia International Auto Show (GIIAS). This production achievement marks the launch of XPENG's global manufacturing strategy, with Indonesia chosen as the inaugural overseas base due to its importance in Southeast Asia's automotive market. The event also featured the debut of the New G6, equipped with cutting-edge battery technology and advanced AI capabilities. XPENG aims to enhance its presence and responsiveness in the region while delivering intelligent electric mobility solutions tailored to local demands.
Potential Positives
- XPENG has localized vehicle production in Indonesia, marking the first overseas manufacturing base and formalizing its global expansion strategy.
- The launch of the locally produced XPENG X9 and its successful delivery at a major automotive show highlights XPENG's commitment to meet local market demands.
- XPENG debuted its New G6, showcasing advanced technology such as an 800V architecture and ultra-fast charging, positioning itself competitively in the Southeast Asian EV market.
- The X9 has gained significant popularity, evidenced by its status as Hong Kong's best-selling MPV, demonstrating XPENG's growing momentum in the Asia-Pacific EV sector.
Potential Negatives
- XPENG's announcement of its first overseas production base in Indonesia could signal possible risks related to geopolitical tensions, supply chain disruptions, or economic stability in the region that could impact operations.
- The substantial focus on Indonesia raises concerns about XPENG's reliance on a single market for its international expansion, which could be detrimental if local demand does not meet expectations or if competition increases.
- Despite the impressive technology and features of the X9 and G6 models, their market performance will ultimately determine their success, and any below-expectation sales could reflect negatively on XPENG's growth strategy.
FAQ
What is the significance of XPENG's Indonesia production base?
XPENG's Indonesia production base marks its first overseas manufacturing facility, showcasing its commitment to localization and regional responsiveness.
When was the first locally produced XPENG X9 delivered?
The first locally produced XPENG X9 was delivered at the 2025 Gaikindo Indonesia International Auto Show (GIIAS) on July 25, 2025.
What are the notable features of the XPENG New G6?
XPENG New G6 features 800V architecture, 5C ultra-fast charging, and advanced driver assistance technologies powered by Qualcomm and NVIDIA.
How does XPENG support electric mobility in Indonesia?
XPENG enhances electric mobility in Indonesia by tailoring intelligent solutions and fostering the adoption of cutting-edge technologies.
What is XPENG's mission in the automotive industry?
XPENG aims to lead the Smart EV revolution by driving innovation, developing advanced AI-driven mobility solutions, and expanding its global presence.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$XPEV Hedge Fund Activity
We have seen 95 institutional investors add shares of $XPEV stock to their portfolio, and 105 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- TMT GENERAL PARTNER LTD added 15,340,907 shares (+88.2%) to their portfolio in Q1 2025, for an estimated $317,863,593
- MILLENNIUM MANAGEMENT LLC removed 7,091,272 shares (-67.7%) from their portfolio in Q1 2025, for an estimated $146,931,155
- BNP PARIBAS FINANCIAL MARKETS added 4,511,751 shares (+567.4%) to their portfolio in Q1 2025, for an estimated $93,483,480
- JPMORGAN CHASE & CO removed 3,305,155 shares (-71.9%) from their portfolio in Q1 2025, for an estimated $68,482,811
- ALIBABA GROUP HOLDING LTD removed 3,087,020 shares (-8.1%) from their portfolio in Q1 2025, for an estimated $63,963,054
- D. E. SHAW & CO., INC. removed 2,505,375 shares (-27.4%) from their portfolio in Q1 2025, for an estimated $51,911,370
- VOLORIDGE INVESTMENT MANAGEMENT, LLC added 2,443,078 shares (+inf%) to their portfolio in Q1 2025, for an estimated $50,620,576
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$XPEV Analyst Ratings
Wall Street analysts have issued reports on $XPEV in the last several months. We have seen 4 firms issue buy ratings on the stock, and 1 firms issue sell ratings.
Here are some recent analyst ratings:
- Macquarie issued a "Outperform" rating on 05/22/2025
- Barclays issued a "Underweight" rating on 03/20/2025
- JP Morgan issued a "Overweight" rating on 03/19/2025
- B of A Securities issued a "Buy" rating on 03/19/2025
- Citigroup issued a "Buy" rating on 03/10/2025
To track analyst ratings and price targets for $XPEV, check out Quiver Quantitative's $XPEV forecast page.
$XPEV Price Targets
Multiple analysts have issued price targets for $XPEV recently. We have seen 6 analysts offer price targets for $XPEV in the last 6 months, with a median target of $25.5.
Here are some recent targets:
- Eugene Hsiao from Macquarie set a target price of $24.0 on 05/22/2025
- Jiong Shao from Barclays set a target price of $20.0 on 03/20/2025
- Nick Lai from JP Morgan set a target price of $31.0 on 03/19/2025
- Ming Hsun Lee from B of A Securities set a target price of $27.0 on 03/19/2025
- Jeff Chung from Citigroup set a target price of $29.0 on 03/10/2025
- Paul Gong from UBS set a target price of $18.0 on 02/24/2025
Full Release
- Indonesia has become the first country in the world where XPENG has localized its vehicle production.
- XPENG’s Purwakarta factory rolled out the first locally produced X9 and delivered it to customer at the 2025 Gaikindo Indonesia International Auto Show (GIIAS).
- This milestone marks the official launch of XPENG’s global localized manufacturing strategy, starting from Indonesia.
- XPENG New G6 made its debut at GIIAS 2025, featuring 800V architecture, 5C ultra-fast charging AI battery, which allows it to charge from 10% to 80% in just 12 minutes.
JAKARTA, Indonesia, July 25, 2025 (GLOBE NEWSWIRE) -- XPENG Motors ("XPENG" or the "Company"; NYSE: XPEV, HKEX: 9868), a leading China-based high-tech company, marked a significant milestone by delivering its first locally produced XPENG X9 at the 2025 Gaikindo Indonesia International Auto Show (GIIAS). This achievement follows the commencement of operations at XPENG's inaugural overseas production base in Indonesia, realizing the company's strategic localization initiative. Meanwhile, XPENG unveiled its New G6 at GIIAS, just two weeks after its successful European launch, demonstrating the company's accelerated global expansion strategy.
XPENG officially delivered the first locally produced X9 at GIIAS
At GIIAS, Xiaopeng He, Chairman and CEO of XPENG, announced via video that XPENG has chosen Indonesia to be the first overseas production base, starting XPENG's global manufacturing deployment.
As Southeast Asia’s largest automotive market, Indonesia has special strategic significance for XPENG. The establishment of local production in Indonesia, not only represents key milestone in XPENG’s global expansion, but also enhances the company’s responsiveness to local market needs. It enables more tailored intelligent electric mobility solutions for Southeast Asia, and accelerates the adoption of cutting-edge technologies across the region.
The first locally produced XPENG X9 rolled off
On July 1, the first locally produced XPENG X9 officially rolled off the production line in Indonesia. This intelligent electric MPV, which seamlessly blends spaceship-inspired design with family-oriented practicality, has already won the favor of 30,000 families worldwide.
To demonstrate the capabilities of X9, three Chinese XPENG owners set off from Guangzhou, China on July 5, driving X9 through Laos, Thailand, Malaysia, and Singapore before reaching Jakarta, Indonesia. A nearly 2,485-mile journey that marks the first time a Chinese pure electric MPV traversed Southeast Asia and crossed the equator, and successfully overcame unstable conditions along the way.
Equipped with an ultra-comfortable smart cockpit, a leading intelligent driving system, and standard rear-wheel steering, X9 sets a new benchmark in smart mobility. These features align precisely with the needs of Indonesian families. Notably, X9 had already become Hong Kong's best-selling MPV in June, a testament to XPENG's growing momentum in the Asia-Pacific EV market and its emerging leadership potential in the global premium smart EV segment.
XPENG X9 in Indonesia
XPENG also debuts New G6 at GIIAS, which is powered by Qualcomm Snapdragon 8295 chipset and NVIDIA Orin-X processor. It boasts 7.5x the AI processing power and 3x the graphics speed of mainstream competitors in Indonesia, fueling its immersive digital cockpit and advanced driver assistance systems.
XPENG's new G6 made debut at GIIAS
"Indonesia embraces some of the world's most respected manufacturing ambitions. Our investment here building facilities, nurturing talent, reflects our commitment to bringing advanced technologies to Indonesia. This is our pledge," said Xiaopeng He, Chairman and CEO of XPENG. Building on this commitment, XPENG will continue to expand its global footprint, driving innovation and fostering sustainable growth.
About XPENG
Founded in 2014, XPENG is a leading Chinese AI-driven mobility company that designs, develops, manufactures, and markets Smart EVs, catering to a growing base of tech-savvy consumers. With the rapid advancement of AI, XPENG aspires to become a global leader in AI mobility, with a mission to drive the Smart EV revolution through cutting-edge technology, shaping the future of mobility.
To enhance the customer experience, XPENG develops its full-stack advanced driver-assistance system (ADAS) technology and intelligent in-car operating system in-house, along with core vehicle systems such as the powertrain and electrical/electronic architecture (EEA). Headquartered in Guangzhou, China, XPENG also operates key offices in Beijing, Shanghai, Silicon Valley, and Amsterdam. Its Smart EVs are primarily manufactured at its facilities in Zhaoqing and Guangzhou, Guangdong province.
XPENG is listed at the New York Stock Exchange (NYSE: XPEV) and Hong Kong Exchange (HKEX: 9868).
For more information, please visit
https://www.xpeng.com/
.
Contacts:
For Media Enquiries:
XPENG PR Department
Email: [email protected]
Source: XPENG Motors
Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/cde0cd37-7b64-4d02-8740-732bd0a1da17
https://www.globenewswire.com/NewsRoom/AttachmentNg/90d058fd-8f96-4757-b3d4-4381861bc472
https://www.globenewswire.com/NewsRoom/AttachmentNg/cc9a408a-bd45-4e4a-b19a-4ad79318b6d6
https://www.globenewswire.com/NewsRoom/AttachmentNg/d210cfb5-e069-44f4-acf6-c20d3e66b579
A video accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/e50a2abb-9096-40f2-befe-aeabaa1b312b