KUALA LUMPUR: Bermaz Auto Bhd (BAB) has confirmed that XPeng, the Chinese electric vehicle manufacturer, will enter the Malaysian market.
In a filing with Bursa Malaysia, BAB said the company had been appointed as the authorised distributor for XPeng in Malaysia.
According to a local news report, the announcement was timely after XPeng’s co-founder and chief executive officer He Xiaopeng was quoted as saying that the company intends to introduce right-hand drive (RHD) models in the latter half of this year.
He also said that Malaysia is among the target markets for the upcoming RHD XPeng model, while Hong Kong and Singapore are other RHD markets targeted.
BAB, which oversees Mazda and Kia in Malaysia, did not specify a timeline or particular models slated for release in the country.
However, XPeng president Brian Gu had previously indicated that the company’s RHD vehicles would likely be the G6 crossover sports utility vehicle (SUV), albeit with potential updates for the international version.
Headquartered in Guangzhou, XPeng has established multiple facilities beyond China, including two research and development centres in the United States, a competence centre in Munich, a financial hub in Hong Kong, and a European headquarters in Amsterdam.
Additionally, the company is listed on both the New York Stock Exchange and the Hong Kong Stock Exchange.
