XPeng Releases 2021 Environmental, Social and Governance Report
May 25 2022 - 8:16AM
Business Wire
XPeng Inc. (“XPeng” or the “Company,” NYSE: XPEV and HKEX:
9868), a leading Chinese smart electric vehicle (“Smart EV”)
company, today published its 2021 Environmental, Social and
Governance Report (the “ESG Report”), which outlines the Company’s
strategy and outstanding achievements in ESG performance for the
year.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20220525005497/en/
XPeng G9 flagship SUV (Photo: Business
Wire)
“As a leading Smart EV player in China, we hold a deep sense of
responsibility to our customers and the broader community,” said He
Xiaopeng, Chairman & CEO of XPeng. “Our leadership in the Smart
EV industry emphasizes the positive impact we can make in society
as a responsible corporation and we are committed to using
technology to bring our vision of future mobility to life, while
promoting sustainable social development.”
XPeng’s guiding ESG principles center around its innovative
concept of X-SEG (Smart, Efficient and Green). From the
establishment and operations of its factory to its core business
operations, technology innovation, supply chain management, green
manufacturing, product safety management, eco-friendly operations
and governance policies, X-SEG provides the framework for
decisions.
XPeng’s Smart EVs delivered in 2021 are expected to reduce CO2
emissions by approximately 1 million metric tons over their entire
life cycle, compared to conventional gasoline vehicles. The Company
reduced its energy consumption density by 50% year-on-year. XPeng
vehicles also achieved record-level safety performance with
superior product quality and technology. Notably, the P7 has
achieved the C-NCAP five-star safety rating and industry’s first
i-VISTA Five Star Intelligent Vehicle Model award. XPeng also
strives to make contributions to society through disaster relief,
low-carbon education, and has established the XPeng Charity
Foundation and XPeng Green Home Fund.
To view the 2021 ESG Report, please visit the ESG section of
XPeng’s Investor Relations website:
https://ir.xiaopeng.com/ESG/default.aspx.
About XPeng Inc.
XPeng is a leading Chinese Smart EV company that designs,
develops, manufactures, and markets Smart EVs that appeal to the
large and growing base of technology-savvy middle-class consumers
in China. Its mission is to drive Smart EV transformation with
technology and data, shaping the mobility experience of the future.
In order to optimize its customers’ mobility experience, XPeng
develops in-house its full-stack advanced driver-assistance system
technology and in-car intelligent operating system, as well as core
vehicle systems including powertrain and the
electrification/electronic architecture. XPeng is headquartered in
Guangzhou, China, with main offices in Beijing, Shanghai, Silicon
Valley, San Diego and Amsterdam. The Company’s Smart EVs are mainly
manufactured at its plant in Zhaoqing, Guangdong province. For more
information, please visit https://heyxpeng.com.
Safe Harbor Statement
This announcement contains forward-looking statements. These
statements are made under the “safe harbor” provisions of the
United States Private Securities Litigation Reform Act of 1995.
These forward-looking statements can be identified by terminology
such as “will,” “expects,” “anticipates,” “future,” “intends,”
“plans,” “believes,” “estimates” and similar statements. Statements
that are not historical facts, including statements about XPeng’s
beliefs and expectations, are forward-looking statements.
Forward-looking statements involve inherent risks and
uncertainties. A number of factors could cause actual results to
differ materially from those contained in any forward-looking
statement, including but not limited to the following: XPeng’s
goals and strategies; XPeng’s expansion plans; XPeng’s future
business development, financial condition and results of
operations; the trends in, and size of, China’s EV market; XPeng’s
expectations regarding demand for, and market acceptance of, its
products and services; XPeng’s expectations regarding its
relationships with customers, contract manufacturers, suppliers,
third-party service providers, strategic partners and other
stakeholders; general economic and business conditions; and
assumptions underlying or related to any of the foregoing. Further
information regarding these and other risks is included in XPeng’s
filings with the SEC. All information provided in this press
release is as of the date of this press release, and XPeng does not
undertake any obligation to update any forward-looking statement,
except as required under applicable law.
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For Investor Enquiries: IR Department XPeng Inc. Email:
ir@xiaopeng.com
Jenny Cai The Piacente Group Tel: +1 212 481 2050 / +86 10 6508
0677 Email: xpeng@tpg-ir.com
For Media Enquiries: Marie Cheung XPeng Inc. Tel: +852
9750 5170 / +86 1550 7577 546 Email: mariecheung@xiaopeng.com
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