XPeng Inc. is a Chinese manufacturer and seller of smart electric vehicles and new energy vehicles targeting the mid- to high-end automotive market segment, operating manufacturing facilities across multiple provinces and selling through a network of direct and franchised stores. The company generates revenue primarily from vehicle sales, supplemented by after-sales services, charging infrastructure solutions (including home chargers and self-operated charging stations), value-added services such as financing and insurance referrals, and software offerings. As a capital-intensive business, XPeng invests heavily in research and development, manufacturing capacity expansion, sales and service networks, and charging infrastructure to compete with both electric vehicle manufacturers and traditional internal combustion engine automakers in China's market for middle-class consumers.