China is currently the largest market for electric vehicles in the world. As per data from the CAAM (China Association of Automobile Manufacturers), it is predicted that EVs will share 35% of total automobile sales in the coming years.
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As the year 2022 is passed, Many EV automakers are releasing their yearly results.
Recently, XPeng has also released their results for the year 2022, where they shared that:
XPeng has cumulatively delivered 258710 till the end of the year 2022. Considering its total sales for the year 2021, the company has managed to increase its EV sales by 23%.
XPeng Inc. is an electric vehicle company in China and headquartered in Guangzhou, whose emphasis is to cater the middle-class consumers and people who are tech-savvy. The company deals with the design, development, and manufacturing of electric vehicles.
XPeng was co-founded by Xia Heng and He Tao in the year of 2014. The first EV model, which is Xpeng G3 SUV, was launched in December 2018. Since then, the company has launched many EVs in the China market. The company design and manufactures electric cars and SUVs with a strong vision of developing the latest technologies such as smart connectivity and autonomous driving.
As per XPeng’s official website, the company has the following electric vehicles.
The company claims it with a range of 706 km NEDC (New European Driving Cycle) Range, goes from 0 – 100 kph in 4.5 seconds, and comes with XPILOT 3.0 ADAS system.
The company claims it with a range of 600 km (in the NEDC Range) on a single charge. It comes with XPILOT 3.5 LiDAR system and Smart Space (Xsmart OS 3.0).
G3i is an upgraded version of the G3 SUV. The company claims it with a range of 520 km on a single charge and it comes with XPILOT 2.5 ADAS system. The design of the car is X Robot Face.
G9 comes with a very advance supercharging architecture and leading charging time. The SUV goes for the range of 702 km on a single charge, which is good for an SUV.
XPeng looks toward the future in a very optimistic way. They have plans to develop and manufacture a completely unmanned driving EV in the coming 3 years. XPeng also revealed their schedule for the progress of flying cars and robots. They also explained their plans for development in Intelligent assisted driving.
XPeng is an EV automaker that’s very keen to design, develop and manufacture EVs, which are for the future generation. Their emphasis and plans in developing and including high-end technology in the car attract consumers in China. Considering the growth of EV share in China. Undoubtedly, XPeng is in a very good position.
Following are some questions and answers, that people also ask on the topic.
XPeng best selling EV is currently priced at 209900 yuan.
Yes, XPeng is already competing with Tesla currently in China market. Currently, both of the companies have reduced the price of the EV to make it more affordable for Chinese consumers and to increase sales.
Yes, XPeng is already competing with Tesla currently in China market. Currently, both of the companies have reduced the price of the EV to make it more affordable for Chinese consumers and to increase sales.
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