Xpeng (NYSE: XPEV) has recently introduced its next-generation P7 electric sedan to the European market, coinciding with the commencement of deliveries in China. The company is expecting to achieve a significant milestone in September with deliveries surpassing the 40,000-unit mark.
The unveiling of the next-generation P7 in Europe took place in Munich, where Xpeng showcased the sedan’s stunning design and cutting-edge technology that aims to redefine electric driving. A global livestream event is scheduled for September 8 at 9:20 am GMT+2 to further introduce the new model to a wider audience.
The European debut of the next-generation P7 is part of Xpeng’s participation in the IAA Mobility 2025 event in Munich, Germany, starting on September 8. Other Chinese automakers, including Leapmotor (HKG: 9863), will also be showcasing their models at the event.
Xpeng officially launched the next-generation P7 in China on August 27, introducing significant updates such as a redesigned exterior and the integration of the company’s in-house developed Turing AI chip for smart driving. The model is equipped with three Turing chips, providing a computing power of 2,250 TOPS for enhanced performance.
With four variants available, the new-generation P7 is priced starting at RMB 219,800 ($30,770) in China, offering competitive pricing compared to Tesla’s Model 3 electric sedan. Nationwide deliveries of the new-generation P7 began on August 28, following the official launch.
In August, Xpeng achieved a record high delivery of 37,709 vehicles, marking a 168.66 percent year-on-year increase. The company’s chairman and CEO, He Xiaopeng, expressed confidence in surpassing the 40,000-unit mark for September deliveries, indicating a strong performance for the month.
The continued success of Xpeng in the electric vehicle market is evident through its innovative products and strategic expansion into new markets. The European premiere of the next-generation P7 signifies the company’s commitment to delivering cutting-edge technology and high-quality electric vehicles to customers worldwide.
