Omnicar Announces Partnership with Xpeng

OmniCar Holding AB (“the Company”), a technology solutions provider empowering the auto industry, today announced that it has entered into a strategic partnership with XPENG Denmark, a leading Chinese smart EV (electric vehicle) company. The partnership marks the start of a new era where OmniCar will begin servicing vehicles as an authorized service partner to the manufacturer.

OmniCar will perform service, repairs, and warranty on all XPENG sold vehicles in Denmark that can be serviced through OmniCar mobile workshops. XPENG will begin delivering its first vehicles during the second quarter of 2023. OmniCar will be ready to support their expansion
at that time.

Chief Executive Officer Mikkel Kofod Christensen, stated, We are excited and proud to announce this agreement with XPENG. Not only does it add a new dimension to our service business that Increases our total addressable market, but it Is also recognition or our brand and what we have been able to bulla over the past two years.” Jens Olsen, Director for XPENG Denmark, added, XPENG has an advantage as a new brand on the market in Denmark to choose freely what it believes is the best solution for its customers. We want to put our customers first and therefore this agreement with OmniCar was an obvious partnership. We are impressed with the market position OmniCar has taken already, as well as the positive customer feedback they receive. We are confident that Omnicar can handle out fleet in Denmark and look forward to a long partnership.