Just imagine, there are 23 variants of one electric vehicle model. Definitely will make consumers confused to make a choice. And that's what happened to Xpeng which has 23 versions of the P7 electric sedan.
For this reason, Xpeng has made adjustments to its electric vehicle portfolio, namely the P7, P5 and G3. Xpeng reduced the number of variants of each model but prices and configurations remained unchanged.
The G3 now comes in 4 configurations, the P7 has 9 variants and the P5 “only” has 5 variants. Imagine that before the change there were 7 versions of the G3i, 23 versions of the P7 and 11 versions of the P5.
The XPeng G3 electric SUV uses a single electric motor with 145 kW and 300 Nm of torque and a range of between 460 km and 520 km. Car prices start at around $24,850 and the top trim costs $30,000. The top trim is equipped with automatic parking and L2 ADAS. In Europe the G3 retails for €35,680.
The XPeng P5 electric sedan uses a 155 kW electric motor with 310 Nm of torque. This electric sedan comes with a range of 465 km and is available in Europe – from €49,400.
The XPeng P5 for the European market uses a comprehensive ADAS and in China its latest update adds increased memory for parking including cross-floor.
The XPeng P7 electric sedan in Europe is only available with an 80 kWh battery pack but in two versions – AWD or RWD. In China, the battery options are more varied, namely 60.2 kWh, 70.8 kWh, 77.9 kWh and 83.1 kWh with a maximum range of up to 670 km.
XPeng sold only 5,101 vehicles in October, 50 percent less than last year's October and nearly 40 percent less than September.
This week, Xpeng forms a new company with business scope including battery manufacturing. The company named Guangzhou Pengbo Automotive Technology Co. was founded on November 16 with a registered capital of RMB 5 billion ($700 million).
Guangzhou Pengbo Automotive Technology will be engaged in battery manufacturing, battery parts production, battery sales, battery parts sales, automotive parts research and development, and electric motor research and development and control systems.
