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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 (yiding@caixin.com)

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


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