Xpeng

Xpeng plans to add 500 integrated stores with sales and service functions, 1,000 experience centers and satellite stores over the next three years, according to local media.

Global markets are now flooded with cheaper Chinese EVs and their price is kept artificially low by huge state subsidies, European Commission President Ursula von der Leyen said.

The Xpeng X9 will be available in single-motor and dual-motor versions and will use LFP cells from Eve Energy as well as Li-ion ternary cells from CALB.

Most EV makers saw a dip in insurance registrations last week, as it was the beginning of the month, when deliveries are usually slow, while the week before included the last days of August, when deliveries are usually strong.

Downsizing the number of directly operated stores is becoming a new industry trend, with both Xpeng and Zeekr increasing the proportion of dealer stores, according to local media.

The G6 contributed 51.63 percent of Xpeng's deliveries in August, while the P7 contributed 30.98 percent.

This is Xpeng's first warm-up for the X9, an MPV that is expected to be officially launched in the fourth quarter.

The new G9 is already available at Xpeng stores in 49 cities and will be available at all stores this month.

The exterior of the Xpeng G9 2024 will have green, black, gray, white, and silver options, and the first show cars are already available at its stores.

Xpeng saw insurance registrations of 3,100 units last week, down 6.06 percent from 3,300 units in the previous week. BYD saw registrations of 50,800 units last week, down 1.74 percent from the previous week.