Xpeng P5

Xpeng Motors' upcoming P5 model includes at least three range versions, according to the company's filing with the Ministry of Industry and Information Technology (MIIT).

Xpeng Motors will officially begin pre-sales of the P5 sedan on July 17, when it will announce the model's price, the company said Tuesday.

Three of the models are identified as P5 on the rear and the other model is N5, which is the first time we see this new model of Xpeng.

"Even in 2025, the minimum price for a company that wants to make a gross profit on a smart electric car is RMB 150,000 yuan."

Although P5 may push the company's profitability down, the P5 model is well designed to increase Xpeng's brand influence in China's EV market.

He Xiaopeng said the P7 is a quest for the ultimate, including performance, looks and personality, while the P5 is geared toward the family.

Xpeng has not yet announced a price for the model. But the P5's top-spec model could cost around RMB 200,000 yuan ($30,734), which would put it in the price range of some mainstream fuel cars.

The top model of Xpeng Motors' new sedan Xpeng P5 could be priced at around RMB 200,000 ($30,734), which would enter the price range of some mainstream fuel cars, nbd.com.cn reported Monday.

The international version of Xpeng P5 is being developed simultaneously and will enter Norway as well as the EU, the company said.

Xpeng Motors' new LiDAR-equipped sedan, previously said to be possibly named Xpeng P5, has now been confirmed by the company, which says it will be released on April 14.