Smart and Sustainable Electric Mobility
Orders with deposits paid by 24:00 on December 31 will continue to receive the same purchase subsidies as in 2022, XPeng said.
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The key to XPeng regaining relevance is winning back demand, and that could take several quarters, creating significant uncertainty heading into 2023.
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XPeng's battery R&D team is currently around 100 people, and the company already has a lot of communication with upstream raw material suppliers, according to local media.
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XPeng may be preparing for future battery development. A month ago, a similar company established by NIO received a lot of media coverage.
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XPeng has cut the SKUs of the P7, P5 and G3i in half, seemingly hoping to boost declining sales by making it easier for consumers to choose.
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