Xpeng (NYSE:XPEV) stock is falling on Friday despite the electric vehicle (EV) company announcing plans to expand its operations to five new countries. Xpeng is going to expand its business to include UAE, Egypt, Azerbaijan, Jordan and Lebanon. This is through a partnership with UAE-based Ali&Sons. That covers its G6 and G9 SUV models as well as its P7 sedan. In addition to this, Xpeng is building on its European expansion with plans to offer its EVs in Italy. The company previously said it planned to expan ...