On March 3, 2021, XPeng Motors announced the release of the P7 rear-wheel drive standard range model with lithium iron phosphate battery, which has a range of 480 km.
P7 rear-wheel drive standard range model is available in two versions, both with a range of 480 km. The two versions are the smart version priced at 229,900 RMB and the premium version priced at 239,900 RMB. They are now available for sale and are expected to be delivered in May 2021.
Both new versions of the P7 are equipped with the same 196 kW / 390 N·m electric motor as the rear-wheel drive long range and ultra-long range models, with an acceleration time from 0-100 km/h of 6.7 seconds. However, due to the lower energy density of the lithium iron phosphate battery (60.2 kWh) compared to the same configuration of the rear-wheel drive long range model (70.8 kWh), the P7 rear-wheel drive standard range model weighs 30 kg more, weighing in at 1920 kg.
The P7 rear-wheel drive standard range smart version is equipped with XPILOT 2.5+ advanced driving assistance system, while the P7 rear-wheel drive premium version is equipped with XPILOT 3.0 advanced driving assistance system (additional purchase of XPILOT 3.0 software service is required to activate NGP high-speed autonomous driving). There is no difference in other configurations between the two standard range models with a price difference of 10,000 RMB.
The current model, P7 rear-wheel drive long range smart version, also priced at 229,900 RMB, so the release of the new P7 rear-wheel drive standard range model has not lowered the entry threshold for XPeng P7. In terms of advanced driving assistance, the P7 rear-wheel drive long range smart version only has basic cruise control.
By adding the NGP autonomous navigation driving system to the P7 rear-wheel drive premium version for an additional 36,000 RMB (with a discount of 20,000 RMB with car purchase), the difference in price between the P7 and the Model 3 standard range version with FSD priced at 249,000 RMB and 64,000 RMB respectively, is 54,000 RMB. The release of the P7 rear-wheel drive standard range model can be viewed as a blow to domestic advanced driving assistance technology.
In addition, XPeng G3 has also launched a new version – G3 460c Yueling Edition, based on the original 460i model. Compared with G3 460i, it has the same cruising range and uses lithium iron phosphate battery, while the low wind resistance wheel hub is adopted. After comprehensive subsidies, the suggested retail price nationwide is CNY 149,800. The pre-order starts from March 3rd, and delivery is expected to begin in April 2021.
🔗Source: XPeng
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