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Xpeng’s Australian distributor goes bankrupt amid a court dispute

Xpengs Australian distributor TrueEV has entered bankruptcy, casting doubt on the Chinese car brand’s future in Australia and its support for existing owners.

An Australian Securities and Investments Commission (ASIC) filing shows TrueEV has appointed external administrators.

These are Daniel Juratowitch and Barry Wight from the insolvency firm Cor Cordis. The file lists a total of 197 vehicles they took control of in Melbourne, Brisbane, Wollongong and Fremantle.

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Xpeng G6

On March 19, 2026, these administrators were appointed “by deed.” This appears to indicate that a lender that provided money to purchase or import vehicle inventory has taken control of that inventory because the terms of the loan have not been met.

Legal action is also ongoing in the Australian Federal Court. TrueEV is listed as the plaintiff, with the defendants being branches of Xpeng itself – Guangzhou Xiaopeng Motors Trading Co Limited, Shenzhen Xiaopeng Motors Supply Chain Management Co Ltd and Xpeng Motors Australia Pty Limited.

This began on March 3, 2026, the next hearing is scheduled for March 30, 2026. However, publicly available court documents do not contain any details about what this dispute is about.

We have contacted TrueEV for further details and to confirm what impact this will have on existing owners.