Caixin Global – Latest China News & Headlines

Home >


CX Tech is Caixin Global's real-time tech news portal, featuring 24-hour news, short-form analysis, and roundups from business and tech media in China.

JD Logistics Takes Pitches from Banks for Planned Hong Kong IPO in 2021
New Rules Derail Mega Livestreaming E-Commerce Deal
Trending in China: Why Are People Queuing Eight Hours and Paying $30 for a Cup of Milk Tea?
Trending in China: Teacher Assaulting Children Raises Question About Role of Volunteers in Education
‘Look, No Hands!’ - AutoX Rolls Out China’s First Self-Driving Fleet Without Safety Drivers
U.S. Firms Deny Selling to China Military, as Washington Prepares New Blacklist
Baker Bros. Advisors Sells ADSs in BeiGene Just Months After Buying Shares
Trending in China: Sharing Students’ Grades Online – The Fine Line Between Motivation and Public Shaming
Tesla Rival Li Auto Plans New Share Sale to Bankroll R&D
Alibaba Logistics Arm Chills with Ethiopian Airlines to Transport Covid-19 Vaccines
U.S. Blacklist of Chinese Tech Firms Continues to Grow
China's Bluetooth Audio Chip King Set For $741m Shanghai IPO
U.S.-Blacklisted Hikvision Zooms in on COVID Tracking Demand Reports First Quarterly Profit of 2020 as Travel Recovers
Xiaomi Raises Nearly $4 Billion Through Sale of Shares and Bonds
Baidu Leads China in AI Patent Applications and Ownership
Trending in China: Now Forbidden on China’s Trains
Chinese Biopharma Firm Pegbio Nets $122m in Pre-IPO Round From YF Capital, Yingke, Others
NEV Makers Nio and Xpeng Keep Revving Up Sales, But Investor Unimpressed
Britain Bans Installation of New Huawei 5G Equipment from September 2021 in Major U-Turn
Tesla Rival Xpeng Produces 10,000th P7 Electric Car at Wholly-Owned Plant

By Ding Yi / Oct 21, 2020 12:20 PM / Business & Tech

Photo: VCG

Photo: VCG

Xpeng announced on Tuesday that the 10,000th P7 long-range electric sports sedan rolled off the production line at its wholly owned plant in the southern Chinese city of Zhaoqing. The landmark number was reached five months after the company started production of the flagship model.

The announcement comes as the Chinese Tesla rival continues to expand its production capacity to meet the growing demand for its electric vehicles.

In September, the U.S.-listed carmaker sold 3,478 electric vehicles consisting of 2,573 P7s and 905 G3s, making a new monthly delivery record. The September sales figure represents a year-on-year increase of 145%. The company has also begun making inroads into the European market, to which it shipped its first batch of 100 electric cars last month.

Apart from the Zhaoqing factory, Xpeng is also building a “smart” manufacturing base in Guangzhou, where it is headquartered, in partnership with Guangzhou GET Investment, which is wholly owned by Guangzhou Economic and Technological Development Zone. The company said that the manufacturing base, which will double as a center for research and development, is scheduled to go into operation by December 2022.

Contact reporter Ding Yi (

Related: China’s Homegrown Electric-Car Makers Charge Ahead in September

Share this article
Open WeChat and scan the QR code