Xpeng

Xpeng previously said the City NGP feature will be implemented on multiple models in several cities, including Shenzhen and Shanghai, starting in March.

The management teams of Xpeng's direct sales channel and its authorized dealer channel have been combined to reduce unnecessary competition for interest from within, according to local media.

"We expect generally soft results and a weak 1Q23 outlook due to challenging demand and pricing dynamics," Edison Yu's team said.

Xpeng offers four versions of the P7i with a starting price of RMB 249,900, above the RMB 229,900 for the Tesla Model 3.

Previous reports suggested that the new Xpeng new SUV would start at RMB 200,000-250,000 and is expected to be unveiled at this year's Shanghai auto show.

The P7 is a crucial model for Xpeng, contributing 49 percent of the company's sales in 2022.

Xpeng said this was because the third-party app triggered a risk control policy when the user tried to log in, thus requiring facial recognition.

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.

By the end of February, Xpeng's cumulative deliveries since its inception stood at 269,938 vehicles, data monitored by CnEVPost show.

The model was previously seen as possibly being named G7 or G5, and could be unveiled at the Shanghai auto show in two months.