The Chinese EV startup Xpeng Motors has published the prices for its second production model P7. The electric limousine will be launched on the Chinese market at prices starting at 270,000 yuan (€35,000) with deliveries set for the second quarter of 2020.
Specifically, Xpeng Motors speaks of a price range between 270,000 and 370,000 yuan and five configuration variants in which the P7 (Xpeng himself talks more about a four-door coupé than a sedan) is to be offered. According to the Chinese startup, there are more than 15,000 pre-orders for the BEV, which is currently on show at the Guangzhou Motor Show.
For the first time, Xpeng Motors is now also becoming more precise when it comes to technical data: the electric limousine based on the company’s SEPA platform will be available with four-wheel drive or alternatively with rear-wheel drive. With a length of 4.9 meters, it has a wheelbase of 3 meters. In the all-wheel version with two electric motors, the model has an output of 120 kW (front) and 196 kW (rear) and a torque of 655 Nm. The P7 completes the sprint from 0 to 100 km/h in 4.3 seconds, Xpeng Motors puts the range at 550 km according to NEDC. In the single engine version, the P7 has 196 kW and 390 Nm. The acceleration from standstill to 100 km/h takes 6.7 seconds, but according to the manufacturer, the range is greater with 650 NEDC kilometres.
In addition, the Chinese company emphasized the degree of networking and smart features of the battery-electric vehicles. The P7 is said to have 47 sensor elements and almost 50 “interaction instruments” in its cockpit – but Xpeng does not reveal what exactly lies behind this designation. Innovations will be made available to customers via over-the-air upgrades. Xpeng Motors also emphasizes that the P7 will be the first production car to include Alibaba’s “In-Car Mini Program”. The electric limousine will also be able to be opened using a digital key, which in turn will be linked to smart Xiaomi devices (Smartphone, Smartwatch, etc.).
Xpeng intends to distribute the new model through its 86 sales outlets, among other things, with the startup talking about expanding this sales network to 100 locations before the end of the year. The number of service centres will also increase from 49 to almost 100. “The P7 is an eruptive vehicle for the Chinese market, thanks to a truly highly competitive price and one of the most advanced equipment sets,” commented CEO He Xiaopeng on the start of series production.
Meanwhile, the Chinese electric car startup recently completed a $400 million financing round. As a new strategic investor, Xiaomi Corporation, which also cooperates with Xpeng in the networking of mobile end devices as mentioned above, has joined the group. In the summer, the Chinese already released a revised version of their G3 model, which was only launched in December 2018. Since then, the electric SUV for the Chinese market has had CATL batteries with a higher power density. Xpeng states that it has already sold more than 10,000 vehicles of the G3.
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