Chinese Tesla rival Xpeng launches P7 and G9 electric cars in Europe
Xpeng is pushing into the international market. The Chinese electric car start-up has launched the P7 sedan and G9 SUV in Denmark, Norway, the Netherlands and Sweden.
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Xpenga Chinese electric vehicle start-up, on Friday launched two of its flagship vehicles in several European countries, as it continues to ramp up its international operations.
The Guangzhou, southern China-based company says an improved version of the P7 sedan and G9 sport utility vehicle (SUV) Available to order in Denmark, Norway, the Netherlands and Sweden.
Brian Gu, president of Xpeng, said in a press release that the launch “marks an important milestone” as the company builds its presence in Europe.
Xpeng has found a way to challenge Tesla in China though is still significantly behind Elon Musk’s automaker when it comes to deliveries. It is now looking to expand internationally after a difficult year in China. affected by the drop in demand.
That could put Xpeng on a collision course with Tesla in these new markets.
Overall, Xpeng has priced its P7 sedan lower than Tesla in Denmark, Norway, the Netherlands and Sweden, even at a time when the US EV maker has already priced it. Global discounts to boost sales.
Xpeng claims its P7 sedan can go 576 km on a single charge with a starting price in the Netherlands of 49,990 euros ($54,917). Tesla’s Model 3 Long Range, which claims to go 602 km on a single charge, is priced at 52,990 in the Netherlands.
However, Xpeng’s G9 SUV costs more than Tesla’s Model Y, its closest competitor. Xpeng claims their G9 can travel up to 570 km on a single charge. Tesla’s Model Y Long Range can travel up to 533 km on a single charge. Xpeng has priced its G9 at 57,990 euros in the Netherlands compared to 53,990 euros for Tesla’s Model Y Long Range, which is an example of a price comparison.
Xpeng will face stiff competition in Europe, not only from Tesla but also other Chinese carmakers and European auto giants like volkswagenincluding bet its future on electric cars.
Nioa Chinese competitor of Xpeng, to start delivering some cars to Norway by the end of 2021.
Xpeng accelerated its international push in the past year after Open physical store in Europe last year and launched it mass market P5 sedan.