Xpeng

Xpeng said it will begin development of globally available highway NGP in 2024 and globally available XNGP functionality in 2025.

For the January 1-28 period, Nio was 9,900 units, Xpeng 6,800, Li Auto 27,100, Tesla 35,200 and BYD 168,500.

The upgrade, which is due to be completed by the end of February, is aimed at preparing for a new model and boosting the plant's capacity.

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.

During the January 1-21 period, Li Auto was at 18,700, Nio at 6,600, Xpeng at 4,600, Tesla at 22,400 and BYD at 125,100 units.

Xpeng has made a new round of organizational changes led by new president Wang Fengying, involving teams including marketing, human resources, data, manufacturing and product planning, according to local media.

The Xpeng brand will have a total of 10 models based on the SEPA 2.0 platform, many of which will be launched in 2024-2025. The Mona project's A-class sedan is scheduled for launch in the second half of the year.

In the January 1-14 period, Nio was 4,700, Xpeng 2,800, Li Auto 11,000 and Tesla 10,600 units.

The X9 is the highest-priced in Xpeng's product lineup and is seen as helping Xpeng improve gross margins.

Xpeng Aeroht said its modular flying car will be mass-produced and delivered in the fourth quarter of 2025.