Product Plans

Li Auto's midsize Li L6 and non-SUV form factor Li L5 will stick to the RMB 200,000-300,000 price range, the company's CEO said.

Xpeng had a series of moves to grow in Europe in early 2022, but those efforts came to a halt at the end of June last year with the suspension of P5 reservations.

A facelift of the Xpeng P7 is expected to debut in March, the new SUV G7 is expected to be unveiled at the Shanghai auto show, and an MPV model is scheduled to begin mass production in September, according to local media.

Xpeng is expected to launch facelifted versions of three existing models, the P7, G3 and P5, as well as two new models, including a coupe SUV and an MPV.

The skateboard chassis enables a high level of integration never before seen in a car chassis, helping to significantly reduce development cycles and costs.

The Li L7 is a five-seat version of the Li L8 and will be offered in two variants with starting prices of RMB 339,800 and 379,800 respectively.

Neta E will be the first real sports car that young people in China can own, and it will be mass-produced and delivered in the first half of 2023, Hozon Auto CEO said.

They will be a facelift of the hot-selling sedan P7, an SUV with the internal code name F30 and an MPV with the internal code name H93, local media said.

GM's Ultium-equipped plant in Wuhan will go into production by the end of this year.

Xpeng saw a significant drop in deliveries in the second half of the year, and potential consumers waiting for the new P7 could be one of the reasons.