Salvador Caetano Auto, a leader in vehicle distribution and import, has reached a strategic agreement for the import and distribution of XPENG – the Chinese brand that is a leader and pioneer in smart electric vehicle technologies. This collaboration will allow the long-awaited XPENG electric vehicles to be sold in the Spanish and Portuguese markets during 2024.

Founded in 2014, XPENG focuses on leveraging smart technologies as a turning point for the mobility of the future. At the beginning of last year, XPENG announced its intention to establish a presence in multiple European, Middle Eastern, and African markets as part of its “Go Abroad 2.0” strategy, which brings together partners and distributors who share the vision of delivering the best smart EV technology along with the highest quality service and experience to all consumers.

“We are very proud to have Salvador Caetano as our strategic partner in Spain and Portugal, which are very important markets for XPENG,” said Dr. Brian Hongdi Gu, Vice Chairman and President of XPENG. “Their international experience and long track record in brand distribution across Europe, South America, and Africa make them the ideal choice to represent XPENG in the Iberian Peninsula and explore future partnerships.”

Sérgio Ribeiro, Executive Director of Salvador Caetano Auto & CEO of International Automotive Distribution, highlights the strategic importance of this partnership: “This strategic alliance lays the foundation for a strong partnership between XPENG and Salvador Caetano Auto, enabling us to quickly bring XPENG’s technologically advanced electric vehicles to the Iberian market, with full focus on meeting our customers’ needs in each market.”

About XPENG

XPENG is a global smart electric vehicle company founded in 2014 in Guangzhou, China, developing eco-friendly, intuitive, and innovative mobility solutions. With industry-leading R&D facilities, XPENG produces vehicles with superior safety, electric efficiency, and on-road performance for markets worldwide. The company continually advances its core technologies, including autonomous driving, SEPA 2.0, and engaging in-vehicle infotainment systems. XPENG is headquartered in Guangzhou and Amsterdam, with additional offices in Beijing, Shanghai, and Silicon Valley.