The X9 is the highest-priced in Xpeng's product lineup and is seen as helping Xpeng improve gross margins.
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The X9 is the highest-priced in Xpeng's product lineup and is seen as helping Xpeng improve gross margins.
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Xpeng Aeroht said its modular flying car will be mass-produced and delivered in the fourth quarter of 2025.
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Insurance registrations for major EV makers in China fell significantly last week, as the beginning of the year and the start of the month are typically low for deliveries.
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In December, 17,700 Nio vehicles were registered for insurance in China, 17,300 for Xpeng and 76,000 for Tesla.
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Pricing for the Xpeng X9 has been more aggressive than expected, and volume could go upside in the first half of 2024, said Deutsche Bank.
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Xpeng's models are aimed mainly at the price range of RMB 200,000 to RMB 300,000, which is one of the most crowded segments at the moment.
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As of today, XNGP's smart driving capabilities cover 90 percent of the cities where owners of Max version Xpeng vehicles are located.
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The X9 starts at RMB 359,800, which is RMB 28,200 lower than the pre-sale price, and Xpeng said the MPV is a high-value family vehicle in the RMB 350,000 class.
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Xpeng G9 got 4,200 USD discount on launch.
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Xpeng delivered a record 20,115 vehicles in December, up 78.13 percent year-on-year and essentially unchanged from 20,041 in November.
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