Li Auto and Xpeng expect a 100%, and Nio a 50% year-over-year increase in 2024 sales, local media reported, citing the Chinese carmakers' supply chain sources.
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Based on the image, the MPV will come with Starship ambient lighting.
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"In light of China's EV market remaining ultra competitive for the foreseeable future, Xpeng's strategy continues to resonate well with us, making the stock our Top Pick in the group," Deutsche Bank said.
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Automakers usually provide high forecasts to their supply chain, while suppliers make their own judgments based on the competitiveness of the vehicle models and the operating results of the car companies.
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Nio (NYSE: NIO) was at 4,200 last week, Xpeng (NYSE: XPEV) at 4,700 and Tesla at 14,000.
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In October, Xpeng's monthly delivery volume exceeded 20,000 for the first time. Currently, Xpeng is actively adjusting its product strategy to expand market share.
The post Xpeng P7i 550km LFP version launched, starting at 30,800 USD appeared first on CarNewsChina.com.
Xpeng launched two new variants of the P7i with a CLTC range of 550 kilometers at a reduced starting price of RMB 223,900.
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Xpeng made a filing earlier this year for the P7 with an LFP battery pack, with cell supplier Eve Energy.
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Thanks to the hot sales of the Xpeng G6, Xpeng's monthly delivery volume exceeded 20,000 units for the first time.
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Xpeng delivered a record 20,002 vehicles in October, an increase of 292.12 percent year-on-year and 30.65 percent from September.
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