BusinessSustainableXpeng

XPeng Is a More Sustainable EV Maker Than Even Tesla

It turns out that Tesla might not be the world’s most sustainable car company. That mantle—for the moment—rests with Chinese electric vehicle maker XPeng.

XPeng (ticker: XPEV) published its first ESG report on Thursday. ESG is short for environmental, social and governance and companies publish ESG reports—sometimes called sustainability reports or impact reports—to tell stakeholders how their operations are impacting communities they serve.

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