The Chinese electric car startup Xpeng Motors sets the launch of its first model Xpeng G3 on December, 12 and provides details of its sales concept as well as the planned installation of quick charging stations. The Tesla-infused electric vehicle is out for testing as you read.
Xpeng, formerly known as Xiaopeng has been preparing for this moment for two years. Back in 2017, they showed a first prototype then called Xpeng and also secured high level investment from the likes of Alibaba and Foxconn in China.
The latest press release details the next steps. The first electric vehicles have already rolled off the lines and have been out testing since. The on sale of the G3 is scheduled to begin on said December, 12 when the five-seater compact SUV will be made available to buyers in China from 200,000 yuan (about 25,000 euros) before subsidies.
Xpeng’s debut electric car has an output of up to 145 kW and said to offer a minimum range of 350 kilometres (NEDC).
The start-up uses free Tesla patents for their EV and like Tesla, plans to set up a network of fast-charging stations and dedicated stores in China. In numbers, Xpeng Motors plans to set up around 70 sales outlets in 30 Chinese cities and 1,000 fast-charging stations over the next three years. 15 service centres in Beijing, Shanghai, Guangzhou, Shenzhen and Hangzhou are to open before the Chinese New Year in February, 2019.
Headquartered in Guangzhou, the company has R&D and marketing divisions in Beijing, Shanghai, Silicon Valley (USA) and the Guangdong Province, where its own new manufacturing base is located. The facility is expected to be completed by the end of 2019. Currently, Xpeng partners with Haima Automobile to jointly manufacture electric vehicles in Zhengzhou, China. Their growth is fuelled by a recent round of investment totalling 350 million dollars (about 10M RMB) for Xpeng, mostly from existing investors.