Autos

Chinese EV maker Xpeng to open first retail store in Europe

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A Xpeng P7 car is on display at a Xpeng experience store on December 10, 2021 in Shanghai, China.

Wang Gang | Visual China Group | Getty Images

Chinese electric vehicle maker Xpeng plans to open its first self-operated store outside of China this week and deepen its retail network with partners as the start-up ramps up its international expansion.

The Xpeng store will be located in Stockholm, the capital of Sweden, and will open this week.

Xpeng has also signed a deal with Bilia, a large automotive dealer and distributor in Sweden, to sell its cars. Xpeng cars will be stocked in Bilia stores and serviced at its locations.

The Chinese electric vehicle maker also signed a distribution deal with…



Source cnbc.com

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