XPeng Auto Takes Another Step in Global Production Layout by Acquiring Control of Indonesia's EIDO

[CNMO Tech News] Recently, XPeng Auto completed a controlling acquisition of EIDO, an electric vehicle manufacturing entity under Indonesia's Eraya Group, holding a 90.1% stake. According to disclosure documents from the Indonesia Stock Exchange, this marks a key breakthrough for XPeng in achieving local production in Southeast Asia's largest automotive market.

It is reported that this acquisition deepens the cooperation between the two parties. As early as July 2025, XPeng established its first overseas production base relying on the EIDO factory, with the first vehicle off the line being the XPeng X9, with a monthly capacity of about 800 units at that time. By acquiring controlling equity, XPeng will fully master the production leadership of the base, paving the way for subsequent expansion and the introduction of more models.

Domestically, XPeng has built three major production bases in Guangzhou, Zhaoqing, and Wuhan, with a total capacity of about 420,000 units; after the second phase of the Guangzhou factory is put into operation, 300,000 additional annual capacity will be added. The overseas layout is being promoted using an "asset-light contract manufacturing" model: Cooperation with Magna in Austria has already started in 2025; Cooperation with Handal Indonesia Motor in Indonesia started in March of the same year; Cooperation with EPMB Group in Malaysia is expected to start mass production in 2026.

According to the plan, XPeng will further expand its overseas manufacturing capabilities in Europe, Southeast Asia, and Latin America starting from 2026. This controlling stake in Indonesia's EIDO is an important milestone for the implementation of its global production strategy.