Receivers seek buyers for 197 Xpeng G6s in fire sale

Receivers of collapsed Australian Xpeng importer True EV Distribution are seeking urgent expressions of interest for the entire 197-vehicle G6 stockpile, with buyers given just days to act and no option to cherry-pick individual units.

Daniel Juratowitch and Barry Wight of insolvency firm Cor Cordis have called for expressions of interest by 12 June for the purchase of 197 new Xpeng G6 electric SUVs. The lot comprises 162 G6 RWD Long Range units and 35 G6 RWD Standard Range units, offered on an “as is, where is” basis across Melbourne, Brisbane, Wollongong and Fremantle.

The receivers say the vehicles are available as a single lot only, with no offers for individual cars considered. The cars are previous-generation stock, superseded by the updated 2026 G6 that Xpeng’s new direct operation is bringing to market.

The fleet spans a colour range including white, silver, black, grey and orange.

Distributor relationship breakdown

True EV Distribution, trading as TrueEV, became the sole importer, distributor and retailer of Xpeng products in Australia in May 2024 under a five-year agreement with the Chinese carmaker. The Sydney-based distributor commenced deliveries in August 2024, launching with the G6 mid-size SUV as a rival to the Tesla Model Y and BYD Sealion 7.

TrueEV built a network of around 15 dealers and close to 60 service centres, opened showrooms at Sydney Airport and Crown Sydney, and partnered with dealer groups including Autopact in Queensland. The company claims to have delivered roughly 2000 vehicles and had flagged the G9 large SUV and X9 people mover as additions to the local line-up.

That relationship has since broken down. On 3 March, TrueEV commenced legal action in the Federal Court of Australia against three Xpeng entities, including Xpeng Motors Australia. The grounds remain confidential.

The court on 30 April ordered TrueEV to pay just over $1.25 million as security for costs, with the next hearing listed for 6 October.

Receivership details

The receivers were appointed on 19 March “by instrument”, which points to a lender enforcing security over financed vehicle stock rather than a full company collapse. TrueEV maintains the receivership relates only to the 197 G6 units and not to the business as a whole.

Xpeng’s direct approach

The dispute has played out against Xpeng’s decision to take its Australian and New Zealand operations in-house. Xpeng Motors Australia, registered in January 2025, launched factory-backed operations on 1 April, appointing former GWM Australia chief operating officer Hidesuke Takesue as COO and standing up a Melbourne parts warehouse run with FedEx.

The carmaker is recruiting an authorised dealer network across New South Wales, Victoria, Queensland, South Australia and Western Australia. In New Zealand, factory-backed dealers were appointed in Auckland and Christchurch in January, with further sites planned for Auckland, Wellington, Hamilton and Tauranga.

The move mirrors BYD’s recent shift to head-office control of its Australian distribution, and leaves the original five-year importer arrangement over after just 18 months.