Xpeng could revamp its best-selling P7 sedan and add lidar.
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Some high-end versions of the Xpeng P5 sedan are equipped with lidars, as are the new G9 SUVs that went on sale this year. Now the latest news suggests that its flagship sedan, the P7, may also get a facelift.
The company’s best-selling P7 shipped 6,707 units in January. In January, a total of 4,029 units of the Xpeng P5 sedan and 2,186 units of the G3 series SUV were delivered.
The company said that as of January 2022, the cumulative shipments of the companies P7 exceeded 80,000 units, and the cumulative shipments of all models exceeded 150,000 units.
Xpeng takes intelligent driving capability as its main label, and began to use LiDAR, an accessory considered essential for this capability, in the P5 sedan.
Xpeng placed the lidar near the headlights of the P5 and G9, which some also believe is prone to accidents.
The companies G9 was unveiled at the Guangzhou Auto Show on November 19 last year, which is Xpeng’s fourth model year.
Earlier this month, local media reported that Xpeng Motors will start small-scale deliveries of the G9 as early as late August, while bulk deliveries will begin in September and reach 5,000 units by October.
China is the largest car sales market, accounting for 30% of global car sales in 2020. Between 2009 and 2012, China identified the electric vehicle market as the fastest and easiest way to enter the automotive industry market.
Between 2009 and 2016, the Chinese central government estimated that 12.6 billion yuan ($1.9 billion) was spent on subsidies for new energy vehicles.
Between 2013 and 2017, China experienced its worst air pollution on record. China has a very effective policy of reducing its vehicle registration lottery from 250,000 to 150,000 and allocating 20,000 of those spots to new energy vehicles. This has stimulated the Electric Vehicle market in China, prompting people to switch to new energy vehicles rather than fossil fuel vehicles.
In 2015, Beijing issued a red air quality warning, requiring regular vehicles to run every other day, while electric and new energy vehicles can run every day. The Chinese Electric Vehicle market surged from 18,000 in 2013 to 330,000 in 2015. China produced more than 1 million electric vehicles in 2018.
The global auto industry has seen the growth of Chinese startups such as Xpeng Motors, NIO and Lithium Battery in China’s homegrown Electric Vehicle market. The global auto industry is witnessing and facing competition from these non-government Chinese start-ups. In China, the demand for SUVs has increased. While Xiaopeng, NIO and Li Ka-shing lag behind foreign brands like Tesla and Mercedes in small and compact vehicles, domestic brands now account for 56% of the electric SUV market. Xpeng Motors sales increased from 630 Electric Vehicle sales in January 2020 to 6,015 Electric Vehicle sales in January 2021.
Europe is currently the second largest market for electric vehicles, accounting for 28% of the world market. China’s electric vehicle exports lag behind the US and European Electric Vehicle companies. At the end of December 2020, Xpeng Motors announced that it would deliver the G3 SUV to Norway. “Our launch in Europe comes at a time when consumers are increasingly turning to more sustainable personal transport and at a tipping point where governments around the world are stepping up their zero-emission efforts,” he said. Xpeng Motors also decided to sell its P7 Electric sedan in the European market this year.
As of 2021, Xpeng has sold 211 G3 SUVs in Norway. Xpeng explained that breaking into the European car market will be difficult, but as European politics continues to encourage Electric Vehicle purchases, Xpeng will work hard to find these consumers. Without the infrastructure of Xpeng Motors, the challenge of breaking into the European car market is even greater. Startup NIO also plans to enter the European car market in 2021.
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