CEO He Xiaopeng: XPENG trying to be China's No. 1 auto brand by 2030

As the official torch relay vehicle for the ongoing Chengdu World University Games, Chinese automaker XPENG has been under the spotlight. In an interview with CGTN, He Xiaopeng, the chairman & CEO of XPENG, says he expects only a few major players to dominate around 80 percent of the Chinese auto market in the next few years. He adds that XPENG is trying to reach sales of 4 million units to be the No.1 auto brand in China by 2030.

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