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