03:40 AM EDT, 04/10/2024 (MT Newswires) -- XPeng ( XPEV ) said Wednesday it is expanding its Asian dealership presence by partnering with Sime Darby Motors to enter the Hong Kong market.

No financial terms were disclosed.

The Chinese electrical vehicle maker said that it will entail Xpeng ( XPEV )-branded showrooms that will let it offer after-sales support as well as more robust sales.

"Entering the Hong Kong market is strategically important as a model for our market expansion," the company said in a statement.

Xpeng ( XPEV ) also disclosed plans to enter the Macau market in partnership with Xin Kang Heng Holding.

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