Chinese premium electric-vehicle (EV) maker Xpeng is planning to launch a mass market brand very soon, with the new entity aimed at taking the fight to market leader BYD, the South China Morning Post reports.
According to Xpeng co-founder and CEO He Xiaopeng, models under the new brand will be priced between 100,000 yuan (RM65,550) and 150,000 yuan (RM98,320) and cater to more budget-conscious consumers, marking a departure from the segment the company is now playing in.
Revealing the plan during the China EV 100 Forum in Beijing last weekend, He said that the brand will first introduce a compact EV at a price range of between 100,000 and 150,000 yuan. “In the future, cars with the same prices might be developed into fully-autonomous vehicles,” he added.
The model, which will come equipped with advanced driver assistance systems, will be aimed at global markets. No other details about the car or the brand were ventured, although a side silhouette of a sedan was shown in one of the presentation slides. According to CnEVPost, the new brand, reportedly codenamed Mona, will be developed with the assistance of ride-hailing firm Didi Global.
Meanwhile, Xpeng confirmed He’s remarks and said in a statement that the company envisions slashing the development and production costs of autonomous driving technology by 50# this year. At present, Xpeng – which is set to enter Malaysia under Bermaz Auto – assembles models such as the P5, P7, P7i, G6, G9 and X9, all priced above 200,000 yuan (RM131,100).
The SCMP report adds that Xpeng’s announcement follows on the heels of Shanghai-based Nio’s decision to launch cheaper models after BYD began cutting the prices of nearly all of its models in February to maintain its leading position. Last week, Nio CEO William Li said that the company will unveil details of its mass-market brand Onvo in May.
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habis lah proton
habis lah perodua
habis lah toyota
habis lah honda
Sapot President-Xi
Sapot Xpeng!
Sapot China!
Sapot teh peng
Sapot kopi peng
Sapot chin peng
Kena report polis ni.
This is a failure car dumbed in the infamous car graveyard in china
Really? You have not been seeing this inside before. I recently went to China, damn it is interesting inside and quite advanced and sleeker.
If you recently went to North Korea, you will also see that they are advanced and zero poverty too.
Hayaaaaaaa … Dude …. it’s 2023A already wake-up …China now advance loh
dont worry came to msia will sell above MYR 100k to protect P1 & P2
Think twice b4 buying from problematic and corruption ridden company. Can it sustain?
https://www.reuters.com/business/autos-transportation/chinese-ev-maker-xpeng-says-vice-president-suspended-investigation-related-2023-10-10/
https://www.reuters.com/business/autos-transportation/chinese-ev-maker-xpengs-operating-loss-widens-costs-tied-production-ramp-up-2023-11-15/
But does not mean Xpeng will going to bankrupt, they can do better and making comeback.
Better wait until their comeback is successful then.
lol, talk bad about xpeng but meanwhile your favourite brand tesla will be facing more issues
https://paultan.org/2023/12/14/tesla-issues-autopilot-fix-after-recall-of-over-2-million-vehicles/
https://paultan.org/2023/12/20/tesla-has-highest-accident-rate-of-car-brands-in-the-us/
https://www.thenationalnews.com/business/technology/2024/01/06/tesla-to-recall-16-million-vehicles-in-china-to-fix-steering-and-door-latch-problems/
And also not to forget, Tesla will be disqualified as part of Euro safety rating as full of touchscreen and lack of buttons and signal stalks,
so there is no point talking bad about any other brands, you should start to worry about Tesla, even though after years of Tesla CEO talking bad and making fun about China brands
The difference being, Tesla is profitable.
Dah lah Tambi ioma, kami akan support semua benda yang puak Yahudi, Amerika dan India tak suka. Pasti jalan yang benar. Dah lama kami ditipu media Yahudi dan media barat. Tahun ni kita sokong yang sebaliknya.
Dahlah, Takyah nak guna nama Palestin untuk kepentingan diri. Kita tak support negara yang tak sembahyang pastu claim perairan negara kita kepunyaan dia.
While waiting p2 and p1 launch their EV in the coming century… the competition is already here…