Product Plans

Rumors that Xpeng may launch extended-range electric vehicles (EREVs) festered on Chinese social media over the weekend, and the company's co-founder denied it.

SUV competition in China's premium segment will intensify dramatically next year, with Nio, Xpeng and Li Auto all aggressively going after German luxury brands' market share, said Edison Yu's team.

Li Auto has moved up the release of the Li L8 by one month and said it will launch and deliver the Li L7 in the first quarter of 2023.

Li Auto announced today that it will launch the new SUV Li L8 in early November and deliveries will begin the same month.

Xpeng will also launch a C-class model in the second half of next year to bring an ultimate experience to a user base that needs more space and comfort.

Li Auto CEO said the X03 will surpass the Rolls-Royce Cullinan in terms of rear space and comfort.

Xpeng G9 will be the best SUV within RMB 500,000 ($74,550), said the company's chairman and CEO, He Xiaopeng.

The AITO Wenjie M7 is expected to be unveiled at Huawei's new product launch on July 4. Previously a Huawei executive said that deliveries are expected to begin at the end of July.

Xpeng will launch two new platforms and their first models in 2023: the C-segment platform and the B-segment platform.

Li Auto L9 will be equipped with a 44.5kWh battery pack, which can achieve a CLTC range of up to 1,315km.