Xpeng has stopped accepting orders from Europe
The Chinese electric car manufacturer Xpeng is suspending its pre-orders for its P5 model, which opened in March in the European countries of Denmark, Norway, Sweden and the Netherlands, until further notice, citing global supply chain problems.
Xpeng annual figures show increased losses
Shortly after Nio, another Chinese electric car manufacturer, Xpeng, has now presented its business figures for 2021. Xpeng was able to outperform its competitor Nio in terms of deliveries. However, while Nio was able to stem its losses over the year, the situation is different for Xpeng.
Xpeng continues to raise deliveries and losses through Q3
The Chinese electric car manufacturer Xpeng has presented its business figures for the third quarter of 2021. Sales from July to September rose to around 5.72 billion yuan (around 800 million euros), but the net loss also increased to just under 1.59 billion yuan (around 220 million euros).
Xpeng P5 launched in China
Xpeng has now officially launched its third series model, the P5, on the Chinese market and published the technical specifications and prices in detail. Rumour has it that the high-tech electric car could also be launched in Europe.
Xpeng P5 to launch in China for under €25,000
Chinese electric car manufacturer Xpeng has priced its third production model, the P5, to be launched in China in the third quarter of 2021 and delivered in the fourth quarter of 2021. The electric sedan will start at prices starting at 180,000 yuan after subsidies (equivalent to around 23,500 euros).
Xpeng’s smaller model to use advanced self-driving tech
The Chinese electric car manufacturer Xpeng has provided the first preview of its third series model after the G3 compact SUV and the P7 large sedan. The third Xpeng model is called P5 and although it is more or less a little sibling of the P7, in a number of regards it promises to be […]