A user recently claimed on a short video platform that Xpeng resold some of its vehicles to a used car itsss at low prices. The Chinese electric car company responded yesterday that this is false news, and reserved the right to pursue legal responsibility against those responsible.

Earlier, a user on Douyin, the Chinese version of TikTok, said that Xpeng resold vehicles to second-hand car dealers and then send them to rental car companies in third and fourth-tier cities after getting license plates.

According to the user, the actual purchase cost of the Xpeng G3 is RMB 170,000, but the second-hand dealers bought them for only about RMB 110,000, so Xpeng can include the resale discount in its operating costs.

The following is a translation of the original Xpeng announcement.

Recently, we found that Douyin short video user (Douyin ID: 环绕地球的于哥) has been posting a lot of false information and making unsubstantiated speculations and rumors about Xpeng's operation.

This kind of behavior has seriously damaged Xpeng's reputation and caused a very bad public opinion.

In this regard, we reserve the right to take legal action against those responsible in order to protect the legitimate rights and interests of Xpeng.

December 7, 2020