Xpeng Motors issued its first auto financing lease ABS
London, September 24, 2025, (Oilandgaspress) ––Xpeng Motors recently announced the successful issuance of the “Xpeng Financial Leasing 2025 Phase 1 Green Asset-Backed Special Plan (Carbon Neutral)” with a total issuance size of 710 million yuan. The funds raised will be used to supplement working capital and invest in leasing business. This project is the first off-balance sheet ABS for new energy vehicle financial leasing, and the first to achieve off-balance sheet ABS assets without relying on the credit enhancement of the issuer. The original beneficiary of this offering, Guangzhou Xiaopeng Automobile Financial Leasing Co., Ltd., a subsidiary of Xpeng Motors, received enthusiastic investor subscriptions, with the coupon rate for the preferred A-rated (AAA) bonds as low as 2.28%. The project, without external credit enhancement, is based on the creditworthiness of Xpeng Leasing’s high-quality assets.
Information Source: Read More
energy news,oil market ,gas prices ,Oil and gas press, Energy , Climate, Gas,Renewable, Sustainability, Oil Price, LPG, Solar, Marine, Aviation, Fuel, Hydrogen, Electric ,EV, Gas,
