3 days ago1 min read

Xpeng Announces Plans to Expand Workforce and Global Presence by 2025

Chinese electric vehicle manufacturer Xpeng is gearing up for significant growth as it sets its sights on hiring over 6,000 new employees by 2025. Founder and CEO He Xiaopeng revealed this ambitious plan, underlining the company's commitment to expansion and innovation.

In an internal communication reviewed by Reuters, He Xiaopeng highlighted the anticipation of heightened market competition in 2025, with a potential price war looming as early as January.

Xpeng to hire over 6,000 workers by 2025
Anticipation of increased market competition and potential price war in 2025
Company aims to expand global footprint to over 60 markets by 2025

Source: REUTERS

Apple Settles Siri Privacy Lawsuit for US$95 Million

China Unveils Ambitious Plan to Establish 10,000 5G-Powered Factories by 2027

Samsung Electronics Acquires Majority Stake in South Korea's Rainbow Robotics

As Asia becomes the fastest growing tech adoption region, biz360tv is committed to keeping readers up to date on the latest developments in business technology news in Asia and beyond.

While we use new technologies such as AI to improve our storytelling capabilities, our team carefully select the stories and topics to cover and goes through fact-checking, editing, and oversight before publication. Please contact us at editorial@tech360.tv if you notice any errors or inaccuracies. Your feedback will be vital in ensuring that our articles are accurate for all of our readers.