XPeng Motors said Friday that it accumulated 6,159 orders for its new sedan, the P5, in the first 24 hours of its official launch.
The company announced Wednesday evening Beijing time that the P5 became available for order in China in six configurations with a subsidized price range of RMB 157,900 ($24,500) to RMB 223,900, and deliveries will begin in late October.
XPeng said today that 90 percent of these new orders are for models that support XPILOT 3.5 and XPILOT 3.0, its autonomous driving assistance system.
It's worth noting that this does not mean that all of these customers are subscribed to the XPILOT system, as they will need to spend additional money. XPeng did not disclose the percentage of customers who subscribed to the service.
The company said that 54 percent of those orders were for the LiDAR-equipped models.
XPeng debuted a new naming scheme for the P5 model, with the P representing the model's highest level of intelligence, followed by the E and G. The numbers in the names of the different models represent their NEDC ranges.
The P series, with the highest intelligence rating, offers a choice of 550 km and 600 km NEDC ranges, while the E and G series both offer a choice of 460 km and 550 km ranges.
Among these models, only two models of the P series are equipped with LiDAR, priced at RMB 199,900 and 223,900 respectively.
They can allow users to pay for a subscription to XPILOT 3.5 at a standard price of RMB 45,000, and users will be able to enjoy a discounted price of RMB 25,000 if they subscribe before delivery.
The two E series models are priced at RMB 177,900 and RMB 192,900 respectively. They allow users to pay for a subscription to XPILOT 3.0 at a standard price of RMB 36,000, and users will be able to enjoy a discounted price of RMB 20,000 if they subscribe before delivery.
The two models of the G series are priced at RMB 157,900 and RMB 172,900 respectively and do not support the XPILOT system.