XPeng Announces Inclusion into MSCI Indexes
September 03 2020 - 3:35AM
Business Wire
XPeng Inc. (“XPeng” or the “Company”, NYSE symbol “XPEV”), a
smart electric vehicle (“Smart EV”) company, announced today that
its American Depositary Shares (“ADSs”) representing its Class A
ordinary shares will be included in The MSCI China All Shares
Indexes and The MSCI Global Standard Indexes, effective from
September 11, 2020 according to the MSCI announcement
(https://www.msci.com/index-announcements).
The MSCI announced XPeng’s inclusion into its indexes on Aug 27,
2020 following the Company’s listing on the New York Stock
Exchange.
About XPeng
XPeng Inc. is a leading Chinese smart electric vehicle 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
autonomous driving 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 offices in Beijing, Shanghai, Silicon
Valley, and San Diego in the U.S. and the Company’s Smart EVs are
manufactured at plants in Zhaoqing and Zhengzhou. For more
information, please visit https://en.xiaopeng.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 goal
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 manufacturer, 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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version on businesswire.com: https://www.businesswire.com/news/home/20200903005336/en/
Media Marie Cheung +852 9750 5170 / +86 1550 7577 546
mariecheung@xiaopeng.com
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