XPeng rolled out the P7 562E Black Label Edition as the 100,000th P7 to roll off the production line. The model will be officially launched in China on April 10.
(Image credit: XPeng)
XPeng Motors (NYSE: XPEV, HKG: 9868) today saw the 100,000th production vehicle of its flagship sedan, the P7, roll off the production line, marking another milestone for the company.
The XPeng P7 was launched on April 27, 2020, with first deliveries starting in late June 2020. The milestone is 695 days from its launch.
XPeng today rolled out the P7 562E Black Label Edition at its Zhaoqing plant as the 100,000th P7 to roll off the production line.
Based on the P7 four-wheel-drive performance version, this all-black special commemorative edition is equipped with the XPILOT 3.0 advanced driver assistance hardware system with Navigation Guided Pilot (NGP) and Valet Parking Assist (VPA). The P7 562E Black Label Edition will be officially launched in China on April 10, 2022.
Cumulative deliveries of the XPeng P7 were 85,875 units as of the end of February, according to data monitored by CnEVPost. Deliveries of the model exceeded 6,000 units each month from July 2021 to January 2022.
XPeng delivered 6,225 vehicles in February, up 180 percent year-on-year but down 51.8 percent from 12,922 vehicles in January.
The XPeng P7 delivered 3,537 units in February, up 151 percent year-on-year. A total of 2,059 units of the P5 were delivered and 629 units of the G3 series were delivered.
The decline was mainly due to the Chinese New Year holiday from January 31 to February 6, which is usually a slow season for car sales, while XPeng upgraded its plant in Zhaoqing, Guangdong during this period.
XPeng monthly vehicle delivery data