XPeng Motors opens reservations for its P5 electric sedan in four European countries
Chinese smart electric vehicle (EV) company XPeng Motors is expanding its presence in the European market by starting pre-order for P5 electric sedan in Denmark, the Netherlands, Norway, and Sweden.
Customer in the four countries can reserved the P5 sedan, which was released nearly a year ago in China, via XPeng’s mobile app and website starting from Thursday. The test drive will be available in April 2022.
But the first batch of P5 sedan is slightly different to the version released in China. P5 sedan will not be fitted with lidar, and equip with the Xpilot 2.5 driving assistance system. The lidar version of P5 sold in China is equipped with Xpilot 3.5, the latest version of the system.
XPeng, backed by e-commerce giant Alibaba Group Holding and smartphone maker Xiaomi, has yet to unveil the prices for the vehicle in Europe. On the mainland, the basic version with no lidar, 460G, is priced at 157,900 yuan.
XPeng entered Europe in August last year when it begun deliveries of its G3 SUV and then its flagship P7 sedan to Norway.
Now, its hot new model, the P5, is the third model available to order in the European countries. Last month, XPeng inked sales and service partnership with Emil Frey, one of Europe’s largest automotive retail organizations, in the Netherland and Bilia, the largest automobile dealer and distributor in Sweden.
XPeng, along with Shanghai-based NIO and Beijing-headquartered Li Auto, are commonly known as “big three” and major rivals to Tesla in mainland China.
XPeng has tried to differentiate from its rivals by focusing on in-house developed autonomous driving features and other technology.
NIO and XPeng have also made inroad into the European market by exporting their Chinese-made cars.
Li Auto said last year that it was considering building a production base – possibly in Europe – as part of its overseas growth strategy.
Nio has already set up an overseas business unit to strengthen its sale and service network in Europe.
Under the project named “Macro Polo”, NIO has recruited new staff, and allocated many staff members to its export business unit, aiming to sell ES8 and ES6 SUVs in Europe.