XPeng (Minutes of the Press Conference): Competing Head-to-Head with Xiaomi SU7, Can It Soar Again?

I. Current Achievements

Currently, $XPeng(XPEV.US) has announced the new P7 rankings. Within 7 minutes of its launch, the large order volume exceeded 10,000 units, matching the G7's achievement of surpassing 10,000 units in 9 minutes. Continuous monitoring of subsequent large order volumes is still required.

II. XPeng New P7 Launch Event Information

(1) Product Positioning and Pricing

• Product Positioning: A new generation of pure electric luxury sports coupe, adhering to the concept of "Disrupting Imagination, Returning to the Future," aiming to create the "fastest pure electric sports coupe under 500,000 RMB" and the "King of Curves."
• Pricing System (National Suggested Retail Price):
  • 702 Long Range Ultra Version: 219,800 RMB
  • 820 Ultra Long Range Ultra Version: 239,800 RMB
  • 750 All-Wheel Drive High-Performance Ultra Version: 259,800 RMB
  • 750 All-Wheel Drive Peng Wing Ultra Version: 301,800 RMB

(The above prices are starting prices, with limited-time offers (e.g., 99 RMB reservation for a 3,000 RMB discount) to attract users.

• Market Positioning: Directly targets models like the Tesla Model 3 facelift, emphasizing comprehensive leadership in configuration, performance, and intelligence, with highly competitive pricing.

(2) Core Performance Highlights

• Ultimate Driving Control:
  • Zhejiang Circuit Performance: Achieved a time of 1 minute 36.867 seconds, becoming the "fastest pure electric sports coupe under 500,000 RMB."
  • Power System: The all-wheel-drive version has a maximum horsepower of 593 hp, with 0-100 km/h acceleration in 3.7 seconds; the rear-wheel-drive version accelerates from 0-100 km/h in 5.4 seconds/5.8 seconds.
  • Chassis Configuration: Standard across all models with all-aluminum double wishbone front suspension + five-link rear suspension, dual-chamber air suspension + CDC variable damping shock absorbers.
  • Handling Advantages: Thanks to the mid-mounted electric drive layout, 50:50 front-to-rear axle load ratio, ultra-low center of gravity (440mm), and ultra-wide staggered tires (front 245/rear 275), the elk test result reached 90 km/h.
• Ultra-Long Range and Ultra-Fast Charging:
  • Range: Offers three range versions: 702km/820km/750km (CLTC).
  • Energy Efficiency Management: The drag coefficient is as low as 0.201 (tested at 120 km/h), contributing 90 kilometers to the range.
  • Ultra-Fast Charging: Standard across all models with 800V high-voltage platform + 5C ultra-fast charging AI battery, capable of replenishing 525 kilometers in 10 minutes.
  • Endurance Test: In a 24-hour extreme endurance test, it traveled 3961 kilometers at an average very high speed, verifying the reliability and durability of the three-electric system.
• Disruptive Design:
  • Drag Coefficient: 0.201, achieved through over 40 rounds of wind tunnel tests and more than 1000 simulation optimizations.
  • Exterior: Adopts the "Less is More" minimalist design philosophy, equipped with a 1.4-meter uninterrupted light wing through light, ultra-thin hidden LED headlights, flat luminous logo, ultra-thin integrated electric tail wing (supporting 10-level adjustment, with an optional rate of over 75%), and a super liftback tailgate.
  • Interior: Offers six interior color options. Standard with integrated sports seats (ventilation/heating/massage, active side wing support, suction ventilation). Rear space optimization, knee space reaches 120mm, seat cushion length 513mm, backrest angle more comfortable (30 degrees).
  • Quietness: The vehicle's quietness is excellent, reducing noise by 38.7dB after closing the windows in a bustling area. Standard with 23 Hi-Fi grade speakers, supporting main and co-driver shoulder speakers ("Thoughtful Mode") and independent audio sub-card.

(3) Intelligent Advancement

• Intelligent Driving:
  • Hardware: Standard across all models with 3 self-developed "Turing" AI chips, with a total computing power of 2250 TOPS, claimed to be the industry leader.
  • System: Equipped with the XNGP intelligent assisted driving system, supporting functions such as high-speed NGP. The VLA (Vision-Language-Action) large model will release its first major version in September, achieving more advanced functions by the end of the year, aiming towards L4 level autonomous driving.
  • Safety: Equipped with enhanced AEB (effective at a maximum speed of 130 km/h), the industry's first wet road AES emergency avoidance, and other functions.
• Intelligent Cockpit:
  • Intelligent Voice: The all-scenario voice assistant "Xiao P" continues to evolve. Added external voice function (4 sets of dual-array microphones), supporting voiceprint recognition, enabling voice-controlled parking, etc.
  • Intelligent Ecosystem: Deeply integrates Apple CarPlay, Huawei HiCar, Xiaomi CarWith, and collaborates with vivo to launch phone-to-car Agent connectivity.
  • Interactive Innovation: Equipped with a three-axis dynamic screen (adjustable by voice/gesture/manual), AR-HUD light-following head-up display (87-inch projection area), Touch Bar, and simulated sound waves (audible only inside the car).
• AI and Robotics Technology:
  • Applies robotics technology (such as the "Iron Man Allen" wrist) to the rotation of the car's screen.
  • VLM (Vision Language Model) is under development, aiming to make "Xiao P" a more considerate in-car AI assistant.

(4) Safety and Quality

• Body Safety: Developed according to CNCAP five-star and C-IASI highest safety standards. The body torsional stiffness reaches 43,000 N·m/deg. Utilizes integrated aluminum die-casting technology, with a high-strength steel and aluminum application ratio of 88.18%.
• Battery Safety: 18-layer protection structure, capable of withstanding 30 minutes at 1000 degrees Celsius; 188 pieces of aerogel insulation; battery pack impact resistance reaches 2000J, far exceeding national standards.