The updated Frigate 07 SUV has a starting price of RMB 179,800, which is RMB 23,000, or 12.79 percent, lower than its predecessor's starting price of RMB 202,800.
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Xpeng will launch a new brand in the next month, targeting markets priced between RMB 100,000 and RMB 150,000, the company's CEO said.
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The eπ 007 is available in one EREV version and three BEV versions, and offers a limited-time RMB 30,000 discount on the BEV models.
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Volkswagen Anhui is majority-owned by Volkswagen and is its first joint venture in China focused on NEVs.
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Local media reported earlier this month that the model will be unveiled at the Beijing auto show at the end of next month and will be officially launched in June.
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The refreshed BYD e2 starts at RMB 89,800, or $12,500, down from RMB 102,800.
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Li Auto has restructured the naming of its L-series models and will launch new versions of the Li L7 and Li L8 in May, both with RMB 18,000 lower prices.
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Only 70 units of the Tank 700 Hi4-T Limited Edition are available in the first batch, and orders will be reopened once first deliveries are complete.
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The Hongqi EH7 is a mid-to-large-sized sedan based on the FME platform, and is the first pure-electric sedan built by the Hongqi brand based on the platform.
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Deliveries of 2024 ES8, EC7, ES6, EC6 and ET5 Touring models began on March 8 in several cities in China.
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