Chinese electric vehicle (EV) maker XPeng Motors announced on Monday that it has secured funding worth 500 million yuan ($77 million) from the Guangdong provincial government.
Chinese electric carmaker XPeng Motors said it has not been affected by the global chip supply shortage and plans to launch its third production model in the fourth quarter of 2021.
The BAIC Group’s New Energy ARCFOX αS currently has three models listed in the catalog, with maximum ranges reaching 525km, 603km, and 708km, respectively.
As Chinese NEV companies grow muscle, their output also becomes more capable of rivaling Tesla, perhaps not comprehensively, but definitely on certain fronts.
Chinese EV-maker Xpeng Motors launched its new long-range intelligent EV sports sedan, the P7, the company’s second production model.
Tesla is on track to topple BYD as the world's largest NEV manufacturer. To make things worse, now that Tesla has a factory in China, its low-end products are priced almost at the same level as BYD's high-end products.
Xpeng Motors revealed that Xpeng P7 sports sedan received an import permit for research purposes from the National Highway Traffic Safety Administration (NHTSA) last week.
On September 5, Xpeng Motors, a Chinese electric vehicle company, kicked off the delivery of its Xpeng G3 2020 Edition SUV at the Chengdu Motor Show, less than two months after the initial presentation of this new high-performance iteration of its G3 series.