On April 4th, reports surfaced that TrueEV, XPENG's sole distributor in Australia, had recently entered receivership (a form of bankruptcy administration), sparking widespread concern. XPENG clarified that throughout their two-year collaboration, they had discovered through various sources that TrueEV had suffered a fracture rupture in its financial chain, leading to its takeover by financiers. Furthermore, TrueEV had ceased purchasing vehicles for over a year and failed to fulfill orders, including those for 454 cars. Additionally, TrueEV was embroiled in commercial disputes with local dealers, severely undermining the trust between the two parties. Consequently, XPENG issued a breach-of-contract notice to TrueEV, in line with their cooperation agreement, thereby revoking its exclusive distributor status while maintaining its distributor identity. TrueEV refuted any claims of operational difficulties and initiated legal action against XPENG. On April 1st, the local Australian court rejected TrueEV's request for a related injunction. Looking ahead, XPENG aims to establish itself as a technologically sophisticated and reliable brand, prioritizing user experience, in the Australian market over the next three years.