XPeng P5 smart family EV sedan to launch on 15 September

XPeng to launch its third production model, the XPeng P5 smart family sedan on 15 September in the Chinese market.

Customer delivery of P5 to start in October 2021.

Pre-sale of P5 kicked off in mid-July at a price range from RMB160K to RMB230K post subsidies.

XPeng’s August delivery surged 172% Y/Y to 7,214 vehicles, led by P7s delivery growth of 209% Y/Y to 6,165 units.

Author: Niloofer Shaikh, Seeking Alpha

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