Xpeng Motors schedules launch of new P7 on August 27

Xpeng Motors schedules launch of new P7 on August 27

Xpeng Motors, listed on the New York Stock Exchange (NYSE: XPEV), is set to launch its next-generation electric sedan, the P7, on August 27. The company has been preparing for this launch with several key announcements and milestones. The all-new P7 will officially go on sale, with test drives already available. Pre-sales for the vehicle began earlier this month, and customers who pre-ordered received a RMB 3,000 discount upon paying for the vehicle [1].

The P7 is expected to rank among the top three in sales for pure electric sedans priced under RMB 300,000, according to He Xiaopeng, the company's chairman and CEO. With the deliveries of the all-new P7, Xpeng aims to achieve a steady monthly delivery volume exceeding 40,000 units starting in September [1]. This ambitious target follows the success of the first-generation P7, which delivered 60,569 units in 2021 and 59,066 units in 2022 [1].

The new P7 is designed to attract younger consumers with its stylish design and sporty features. Xpeng has allocated more resources to the design team to emphasize technology and aesthetics [1]. The company conducted a 24-hour endurance test on the new P7, driving continuously for 3,961 kilometers, surpassing Xiaomi's YU7 SUV's record of 3,944 kilometers [1].

In addition to the launch of the P7, Xpeng's CEO, He Xiaopeng, increased his stake in the company by purchasing 3.1 million Class A ordinary shares on August 20-21 at an average price of HK$80.49 per share [1]. This move underscores the CEO's confidence in the company's future prospects.

Xpeng's focus on innovation and design, coupled with its ambitious sales targets, positions the company to play a significant role in the competitive electric vehicle market.

References:
[1] https://cnevpost.com/2025/08/25/xpeng-to-launch-new-p7-aug-27/