XPENG AEROHT Inaugurates Flying Car Ground Comprehensive Testing Center

Foshan, China - September 16, 2023: XPENG AEROHT, Asia's leading flying car innovator, celebrated a significant milestone today with the inauguration of its Flying Car Ground Comprehensive Testing Center in Foshan, China. The center, spanning 58,000 square meters, will focus on research and validation of new flying car technologies, technical standards development, and ground testing for the complete vehicle and system-level attributes.

Mr. Shuo Chen, head of the Testing Center, explained, "This center will conduct comprehensive ground tests, including strength, load, vibration, durability, environmental factors, and materials. It will support product validation from virtual simulation to real-world testing."

XPENG AEROHT, established in 2020, has its R&D headquarters in Guangzhou and operates four major testing bases:

• - Seagull Island Flight Base: Focused on validation flights, durability tests, and certification flights.

• - R&D Flight Test Center: Primarily dedicated to prototype flight testing.

• - Powertrain Experiment Center: Specialized in testing electric motors, batteries, and high-voltage electrical components.

• - Ground Comprehensive Testing Center: The latest addition, designed to cover all aspects of research and development for flying car flight process.

Mr. Zhao Deli, Founder and President of XPENG AEROHT, expressed his enthusiasm, stating, "The completion of the testing center in just four months will provide us with valuable time for the R&D of the next-generation flying car, which is currently in a crucial research and development phase. XPENG AEROHT's pioneering testing and flight system will continue to play a core role, assisting us in achieving mass production in the next 2-3 years."

XPENG AEROHT's Flying Car Ground Comprehensive Testing Center underscores its commitment to innovation in the flying car industry, furthering its vision of reshaping the future of mobility through advanced technology and rigorous testing.

About XPENG AEROHT

XPENG AEROHT, an affiliate of XPENG, is the largest flying car company in Asia. Integrating intelligent vehicles and modern aviation, we are dedicated to producing the safest intelligent electric flying car for individual users. In the future, we will provide products and solutions in the field of 3D transportation.

Established in 2013, the company has accumulated 15,000 safe manned flights. It has won multiple industrial design awards including the Red Dot Award, IF Award, and IDEA Design Award.

XPENG AEROHT raised over US$500 million for its Series A capital funding on October 19, 2021. The funding round is led by IDG Capital, 5Y Capital and XPeng Inc. with participation by a consortium of renowned investors, including Sequoia China, Eastern Bell Capital, GGV Capital, GL Ventures and Yunfeng Capital.