The local distributor for the Chinese electric vehicle brand, Xpeng, has gone into administration leaving the future of the brand in Australia in uncertain territory.
According to documents filed to the Australian Securities and Investments Commission (ASIC), external administrators – Daniel Juratowitch and Barry Wight of Cor Cordis – were appointed to Xpeng’s Australian distributor, TrueEV, on March 19, 2026.
The AISC filing lists the appointment of Cor Cordie “by instrument” which indicates that either TrueEV has gone into voluntary liquidation or that a secured creditor is seeking to take control over assets. The ASIC filing confirms Cor Cordie has taken control of Xpeng vehicles located across Australia.
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