XPENG Motors to launch first smart pure electric SUV, The XPENG G3, on December 12, 2018

GUANGZHOU,China,Nov. 16,2018 -- XPENG Motors,a frontrunner in China's smartelectric vehicle market,is to launch its commercial model,the XPENG G3,on December 12,2018.

XPENG G3 debuts at the Guangzhou International Automobile Exhibition on Nov 16,2018

The pure electric 5-seat compact SUV presents an impressive combination of intelligent features and configurations in its debut at the Guangzhou International Automobile Exhibition 2018,China's A-class auto show.

Tailored for the vastand fast growingtech-savvy young consumerbasein China,the XPENG G3 is priced at a rangebetween RMB200,000to RMB280,000 beforegovernmentsubsidies,offering customers attractivevalue.

Pursuit of quality and speed

HeXiaopeng,Chairman and CEO of XPENG Motors,elaborated the company's prudent,user-centric approach to quality control,safety standards and the pace of delivery. "We made a deliberate decision to go through an extensively stringent testing and vigorous validation process to ensure the XPENG G3 offers its best to our customers," said He.

"It's a challenge for any new EV manufacturer to ramp up production and meet delivery targets.Quality has not been compromised in our pursuit of speed. It is not a race. There's no shortcut. It's about gaining consumer confidence in our products and services and building a solid reputation for the EV sectorin China," he added.

XPENG Motors was the first among new EV manufacturers in China to receive the China Compulsory Certification by the Ministry of Industry and Information Technology in July 2017.

About 1,000 units have been produced for temperature,altitude and CNCAP crash testsand validation,accumulatinga total of 10,000,000 kilometers or 100,000 hours of road testing.

Direct sales and service network

XPENG Motors is expanding its end-to-end direct sales and service platform,which meets the major user demands throughout an EV's lifecycle from online and offline sales,post-sales services,charging,auto financing to insurance.

15 direct sales and service stores in Beijing,Shanghai,Guangzhou,Shenzhen and Hangzhou to open before the Chinese New Year in Feb. 2019.

70 stores across nearly 30 cities expected to open in 2019 to service the cities where XPENG Motors vehicles will be sold.

The first new EV manufacturerto open a T-Mall shop withapproximately 400,000onlinevisitors at the recent"11.11 Singles Day".

Charging network

It is the first automanufacturer to operate a network of Super Charging Stations in China,having invested a significant amountof capitaland resources.

100 Super Charging Stationsin morethan10 tier-1 and tier-2 cities willbe contractedby the end of 2018.

30 Super Charging Stations will be in full operation in Beijing,Shenzhen and Huangzhou before the Chinese New Year in Feb 2019.

200 Super Charging Stations across 30 cities to start operation in 2019.

1,000 Super Charging Stations to be contracted over the next three years.

Users have access to 100,000 third-party charging piles located in major cities adjacent tomain roads via XPENG Motors' App.

Auto finance and insurance solutions

Through XPENG Motors' auto finance and leasing subsidiary and its partnershipswith financial institutions such as Bank of China,China Merchant Bank,Pacific Insurance and AXATaiping Insurance,XPENG Motorswill provide tailored andeffective financingand insurancesolutions to customers.

"We havea very supportive shareholder and investor base anda long term strategyto navigate through the challenges in this fast evolving and growing market. Our unique DNA and a prudent,nimble and innovative culture enable us to stay at the forefront of the market," He said at the auto exhibition.

TheXPENG G3 Configurations

Style

ADAS

- 1.889sqmpanoramic windshield

- 15.6 inch screen intelligent console

- Sport style seat with Nappa leather

- Lightsaber LED daytime running light

- Adaptive Cruise Control with auto follow

- Full scenario auto parking tailored for driving environment in China

- Voice activated auto parking assistant and Bluetooth remote control

Smart connectivity

Superior specifications

- Remote App control

- Voice interaction and AI assistant

- 360-degree panoramic roof camera

- OTA cloud upgrading

- 351/365 km NEDC range

- 0-50km/h 3.8 seconds

- 145 kW peak power

- 300N-m maximum torque

- Liquid cooling and constant temperature three-element lithium battery

- 45mins direct current super charging 5% - 80%

About XPENG Motors

XPENG Motors is a new smart electric vehicle manufacturer that strives to develop and produce high-performance,intelligent and connected automobiles with a vision to redefine driving experience.

Headquartered inGuangzhou,the companyhas R&Dand marketing divisions inBeijing,Silicon Valley (United States) and Zhaoqing(Guangdong Province)where its own new manufacturing base,theIntelligent Science and Technology Park,is located. The facility is expected to be completed by the end of 2019. Currently,it partners with HaimaAutomobile to jointly manufacture atthe Intelligent Production Base inZhengzhou,China.

XPENG Motors wasestablishedin 2014with joint investments fromagroupofleading Chinese entrepreneurs and executives includingHeXiaopeng,co-founder of the mobile Internet companyUCWeband former President ofthe mobile business division of the Alibaba Group,LiXueling,founder of video-based social network YY Inc.,WuXiaoguang,a high-ranking management executive atTencentHoldings Limited and GaoXiang,Founding Partner of Banyan Capital.

The company wasalso co-founded byXiaHeng,former Chief of New Energy Control System R&D at the GAC Group,andHe Tao,Chief of the Intelligent Car and Unmanned Driving Division at GAC.

XPENGMotors has completed its B+ round fund-raising with nearlyRMB10 billion in total funding.

More information,please visit https://www.xiaopeng.com

Press contact:

Marie Cheung

Tel: (852) 9750- 5170 / (86) 155- 0757- 7546

mariecheung@xiaopeng.com

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