- This means that the P7+ has delivered 7,153 units so far this month.
- Xpeng's other sedan, the Mona M03, is about to see cumulative deliveries exceed 100,000 units.
Xpeng (NYSE: XPEV) seems to be seeing continued good acceptance of the P7+ mid to large-size electric sedan.
Cumulative deliveries of the P7+ have exceeded 40,000 units four months after its launch, Xpeng's chairman and CEO He Xiaopeng announced on Weibo today.
One-third of P7+ buyers have replaced their gasoline cars, according to a poster shared by Mr. He.
The latest figure means that 7,153 P7+ have been delivered this month, considering that the model had delivered 32,847 units as of the end of February, according to data compiled by CnEVPost.
Xpeng launched the P7+ on November 7, 2024, offering three variants with starting prices of RMB 186,800 ($25,710), RMB 198,800, and RMB 218,800, respectively.
The electric sedan measures 5,056 mm in length, 1,937 mm in width, 1,512 mm in height, and has a wheelbase of 3,000 mm.
Unlike Xpeng's previous models, the P7+ does not come with any LiDAR, the first time the company has ditched the component after using it for the past few years, and has instead turned to a pure vision system similar to Tesla's (NASDAQ: TSLA).
Xpeng calls its smart driving solution the Eagle Eye vision solution, which is powered by two Nvidia Orin X chips and supports the XNGP (Xpeng navigation guided pilot) assisted driving function.
Xpeng delivered 30,453 vehicles in February, an increase of 570.03 percent from 4,545 vehicles in the same period last year, and basically flat compared to January's 30,350, according to data released on March 1.
The P7+ delivered 7,226 units in February, contributing 23.73 percent of Xpeng's monthly deliveries, according to data compiled by CnEVPost.
In January-February, the P7+ delivered 15,340 units, contributing 25.23 percent of Xpeng's deliveries over the same period.
The P7+ is one of the models that has supported Xpeng's strong deliveries over the past few months, along with the cheaper Mona M03 mid-size electric sedan.
Xpeng launched the Mona M03 on August 27, 2024, offering three variants with starting prices of RMB 119,800, RMB 129,800, and RMB 155,800.
The sedan becomes the lowest-priced model in Xpeng's lineup, and is about half the price of the Tesla Model 3 sedan.
The Mona M03 delivered 15,312 vehicles in February, the third consecutive month of deliveries exceeding 15,000 vehicles.
Xpeng said yesterday that the cumulative deliveries of the Mona M03 are about to exceed 100,000 units.
As of the end of February, the cumulative delivery volume of the Mona M03 was 79,146 units, according to data compiled by CnEVPost.
($1 = RMB 7.2647)
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