XPeng Raises Thailand Target Threefold While Opening Indonesia Order Books

XPeng's Thai arm has lifted its full-year sales target to three times last year's volume, using 3,700 vehicles sold in 2025 as the comparison base. At the same time, the company increased its vehicle orders from China for the October-to-December period. The higher orders are tied to Thailand's planned increase in excise tax on imported battery-electric vehicles, due to take effect on January 1, 2027. XPeng shares slipped 1.4% to €8.75 on the day.

The Thai move is one piece of a widening international push. On November 3, XPeng said it intends to be present in all six Gulf Cooperation Council markets by year-end, with a goal of operating in more than 20 markets across the Middle East and Africa by 2027. The sales and service network in that region is slated to exceed 100 locations. The GX model has already drawn more than 4,000 orders there, including 800 in the United Arab Emirates.

Indonesia Opens for Orders

A day earlier in Southeast Asia, XPeng staged the Indonesian debut of the G9L Ultra AWD and the X9 Long Range AWD. The two models are priced at Rp1,289,000,000 and Rp1,339,000,000 respectively, with orders accepted through XPeng showrooms in Jakarta, Bandung, Batam, Medan, Semarang and Surabaya. Models, prices and retail points are now fixed — the open question is whether demand converts into deliveries.

Korea is at a different stage of the same playbook. On November 2, XPeng named Lee Man-sik as Managing Director of XPENG Motors Korea, effective December 1, as part of preparations for market entry. Indonesia offers customers cars to order today; Korea is still putting people in place.

October Sets a Measurable Base

The expansion lands on an overseas base that has already grown sharply. XPeng delivered 50,237 vehicles in October, of which 13,326 went to overseas markets — a 166% year-on-year jump in international deliveries. Total October deliveries rose 20% compared with a year earlier.

That gives investors a yardstick: the new Indonesian order books and the Gulf rollout can be judged against a foreign business that is no longer marginal. The next financial marker comes on November 16, when XPeng releases unaudited third-quarter 2026 results before the US market opens, with a conference call scheduled for 7 a.m. US Eastern time. Because the quarter predates both the October delivery record and the latest model launches, it serves as a starting point for weighing how the financial base connects to the growth that followed.