Chinese Electric Vehicle Manufacturer Xpeng Plans to Hire Over 6,000 Employees by 2025

Xpeng (NYSE:XPEV), the Chinese electric vehicle manufacturer, announced by its founder and CEO He Xiaopeng that they plan to hire over 6,000 employees by 2025. He expects intensified market competition in 2025, beginning with a price war starting in January. He stated that the company has entered 30 countries and regions and aims to expand its global footprint to over 60 markets by 2025.