Xpeng Promotions

Almost simultaneously with Tesla, Xpeng announced a zero-down payment, up to five-year zero-interest financing to boost sales in the slow season.

The latest discount lowers the starting price of the Xpeng G6 to RMB 189,900.

The offer lowers the G9's starting price to RMB 253,900 in February.

Xpeng is starting to offer a RMB 50,000 discount, or 14.7 percent, on the P7i Wing Edition, as competition heats up in China's EV space.

G6 delivered 8,750 units in November, contributing 43.66 percent of Xpeng's monthly deliveries of 20,041 units.

Xpeng launched the P7i in China on March 10, and on November 6 rolled out two lower-priced versions of the model with LFP battery packs.

Between September 1 and September 30, customers can get a combined discount of RMB 21,000 to RMB 24,000 on all P7i models.

The new Xpeng P7 will be named P7i and will go on sale next week, when pricing information will be announced, according to local media.

Orders with deposits paid by 24:00 on December 31 will continue to receive the same purchase subsidies as in 2022, Xpeng said.

Although Xpeng has not directly adjusted the prices of its models, the discounts to some extent amount to a price cut in disguise, local media said.