He spends most of his time here on CleanTechnica as its director, chief editor, and CEO. Xpeng, in my eyes, is one of a few Chinese automakers that could sneak into US and European markets in the coming decade and rise up as legacy automakers struggles to transition.

The factory is said to have production capacity for a couple of thousand units/month, but sources say that orders far outpace installed capacity. The P7 might make it there. Even though the majority of its testing is in China, gathering real-world data is crucial to its success. Deliveries of the G3 crossover/SUV started about a year and a half ago, and it has been doing pretty well on its own, but it is no longer in the top 20 of the highly competitive Chinese EV market. We’ll keep you informed as this develops. (And with these specs, why wouldn’t they?) And this line is jaw dropping if even 75% accurate: “a Model S kind of car, for Model 3 kind of money.” At the least, it’s a very attractive electric sedan for a good price. Regarding the IPO news, CNBC reports that two sources indicate that the company is looking to raise $300 million before going into the IPO. Advertise with CleanTechnica to get your company in front of millions of monthly readers. Tesla update increases range of existing vehicles, Tesla battery test results point to lasting 2M+ miles, Karma sets $80K price for all-electric Revero sedan, High power e-leaf blowers: 80V Greenworks vs. EGO 56V, You’re reading Electrek— experts who break news about, Dr. Xinzhou Wu, vice president of autonomous driving at Xpeng Motors, said, according to an email [, Electric Vehicle Price Guide – best prices for dealers in the US, Subscribe to Electrek on YouTube for exclusive videos. Does this mean the company is getting closer to the US market? CleanTechnica member, supporter, or ambassador, Electric Cars Cost Less To Own — Consumer Reports Agrees With Us, Tesla & Fastned Join Forces To Build Germany’s Largest Fast Charging Station, 27% Plugin Vehicle Share in the Netherlands! Would it have as much consumer demand and get enough attention if not for the clear similarities to Tesla?

Traditional automakers have to wind down fossil-powered car production while also ramping up electric vehicle production. Xpeng Motors Ready For IPO In USA.

Dr. Xinzhou Wu, vice president of autonomous driving at Xpeng Motors, said, according to an email [via Inside EVs]: Testing on the roads in the US will supplement the tremendous amount of tests we’ve already done in China. It definitely seems like a good time to IPO for other reasons, though. I have seen many exotic electric car startups come and go. Zachary Shahan is tryin' to help society help itself one word at a time. a Model S kind of car, for Model 3 kind of money. It opened the year with a stock price of $3.72 and is now up to $11.94, with a market cap of $14.14 billion. Zach is recognized globally as an electric vehicle, solar energy, and energy storage expert. The P7 bears some considerable resemblance to … Only, Xpeng is so much more than that — it is in fact one of the most promising EV startups in China. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries. Alibaba also invested in Xpeng early on, apparently quite impressed with Xiaopeng’s abilities as an entrepreneur. Want to publish a press release on CleanTechnica? He brings over a decade’s worth of industry deep insight with ties to industry leaders.

The  Department of Transportation (DOT) gave Xpeng the go-ahead to test its P7 EV on US roads last week. by Zachary Shahan. Published on August 1st, 2020 | The P7 boasts an advanced Smart Electric Platform Architecture (SEPA) and has met all the requirements of the US Customs and Border Protection (US CBP) for imported vehicles. Nicolas is published on various outlets both in print and online, such as Electrek, the Vertical Flight Society, and Aviation International News. Xpeng has secured a National Highway Traffic Safety Administration (NHTSA) permit to test-drive its new P7 EV. We’ll see. “X-what?!?! Xpeng has been sticking around and has done better than almost all others.

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