Chinese electric vehicle manufacturer Xpeng plans to recruit over 6,000 employees in 2025, as stated by founder and CEO He Xiaopeng on Tuesday.

He anticipates that competition in the market will escalate in 2025, predicting the onset of a price war starting in January, based on an internal letter obtained by Reuters.

According to the letter dated Tuesday, the company has already established a presence in 30 countries and regions, with aspirations to broaden its global reach to over 60 markets by 2025.