XPENG Upgraded to the Highest MSCI ESG Rating of AAA
11 Oktober 2023 - 1:10PM
Business Wire
XPeng Inc. (“XPENG” or the “Company,” NYSE: XPEV and HKEX:
9868), a leading Chinese smart electric vehicle (“Smart EV”)
company, today announced that Morgan Stanley Capital International
("MSCI") has upgraded its MSCI ESG Rating for the Company from "AA"
to "AAA," which is MSCI’s highest rating and is given to companies
that are leading their industries in managing ESG risks and
opportunities.
MSCI is a leading provider of critical decision support tools
and services for the global investment community with over 50 years
of expertise in research, data and technology. An MSCI ESG Rating
is designed to measure a company's resilience to long-term
industry, environmental, social and governance risks. The upgrade
of the Company’s ESG rating from "AA" to "AAA" acknowledges XPENG's
long-term commitment to achieving its high standard of 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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version on businesswire.com: https://www.businesswire.com/news/home/20231011265943/en/
For Investor Enquiries: IR Department XPeng Inc. Email:
ir@xiaopeng.com
Jenny Cai Piacente Financial Communications 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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