XPENG Publishes 2022 Environmental, Social and Governance Report
April 12 2023 - 5:17AM
Business Wire
XPeng Inc. (“XPENG” or the “Company,” NYSE: XPEV and HKEX:
9868), a leading Chinese smart electric vehicle (“Smart EV”)
company, today published its 2022 Environmental, Social and
Governance Report (the “ESG report”), which detailed progress made
over 2022 for XPENG’s commitment, actions and achievements in
environmental sustainability, social responsibility and corporate
governance.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20230412005445/en/
XPENG 2022 ESG REPORT (Photo: Business
Wire)
“At XPENG, we have established an effective environmental,
social and governance management framework that is integral in our
effort to deliver sustainable value for all stakeholders,” said Mr.
Xiaopeng He, Chairman & CEO of XPENG. “Our 2022 ESG report
demonstrates tangible progress toward heralding a green future and
conveying positive social values. We are committed to meeting the
challenges of long-term sustainability by leveraging technology
innovation to benefit our operations, our employees and our
planet.”
Key highlights from the 2022 ESG report:
- XPENG’s Smart EVs delivered in 2022 will reduce carbon
emissions by approximately 1.72 million metric tons over their
entire life cycle, compared to conventional gasoline vehicles.
- In 2022, XPENG's annual charging capacity reached
322,602,875.63kWh, with a cumulative carbon emission reduction of
approximately 577,200 tons.
- XPENG has established a carbon footprint assessment of
mass-production models and assigned its Zhaoqing Plant as a pilot
unit for carbon emission status measurements, setting emission
reduction targets and breakdown tasks for emission reduction.
- The Zhaoqing Plant was recognized as a “Green Plant” by the
Ministry of Industry and Information Technology of the People’s
Republic of China.
- XPENG established a VOC (Volatile Organic Compounds) evaluation
standard system and process specifications covering the entire
vehicle, including parts and materials.
- Customer satisfaction rate reached 96% with monthly NPS (Net
Promoter Score) survey feedback used to plan and provide enhanced
quality services.
To view the 2022 ESG Report, please visit the ESG section of
XPENG’s Investor Relations website:
https://ir.xiaopeng.com/esg.
About XPENG
XPENG is a leading Chinese Smart EV company that designs,
develops, manufactures, and markets smart EVs that appeal to the
large and growing base of technology-savvy middle-class consumers.
Its mission is to drive Smart EV transformation with technology,
shaping the mobility experience of the future. In order to optimize
its customers’ mobility experience, XPENG develops in-house its
full-stack advanced driver-assistance system technology and in-car
intelligent operating system, as well as core vehicle systems
including powertrain and the electrical/electronic architecture.
XPENG is headquartered in Guangzhou, China, with main offices in
Beijing, Shanghai, Silicon Valley, San Diego and Amsterdam. The
Company’s Smart EVs are mainly manufactured at its plants in
Zhaoqing and Guangzhou, Guangdong province. For more information,
please visit https://heyXPENG.com.
Safe Harbor Statement
This announcement contains forward-looking statements. These
statements are made under the “safe harbor” provisions of the
United States Private Securities Litigation Reform Act of 1995.
These forward-looking statements can be identified by terminology
such as “will,” “expects,” “anticipates,” “future,” “intends,”
“plans,” “believes,” “estimates” and similar statements. Statements
that are not historical facts, including statements about XPENG’s
beliefs and expectations, are forward-looking statements.
Forward-looking statements involve inherent risks and
uncertainties. A number of factors could cause actual results to
differ materially from those contained in any forward-looking
statement, including but not limited to the following: XPENG’s
goals and strategies; XPENG’s expansion plans; XPENG’s future
business development, financial condition and results of
operations; the trends in, and size of, China’s EV market; XPENG’s
expectations regarding demand for, and market acceptance of, its
products and services; XPENG’s expectations regarding its
relationships with customers, contract manufacturers, suppliers,
third-party service providers, strategic partners and other
stakeholders; general economic and business conditions; and
assumptions underlying or related to any of the foregoing. Further
information regarding these and other risks is included in XPENG’s
filings with the SEC. All information provided in this press
release is as of the date of this press release, and XPENG does not
undertake any obligation to update any forward-looking statement,
except as required under applicable law.
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For Investor Enquiries: IR Department XPeng Inc. Email:
ir@xiaopeng.com
Jenny Cai The Piacente Group Tel: +1 212 481 2050 / +86 10 6508
0677 Email: xpeng@tpg-ir.com
For Media Enquiries: PR Department XPeng Inc. Email:
pr@xiaopeng.com
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