Yesterday, XPeng began shipping the first batch of P7s intended for export from Guangzhou to Norway, and will deliver them in the fourth quarter of this year. This signifies the first entry of the XPeng P7 into overseas markets, and the second vehicle model from XPeng to enter the Norwegian market.
In September of last year, XPeng shipped the first batch of 100 G3s to Norway. Following the successful delivery of the first batch of G3s, XPeng shipped the second batch of G3s to Norway in February of this year, totaling 209 units. Now, XPeng is again expanding its market by** introducing the P7 rear-drive long-range version and four-wheel-drive high-performance version to Norway, with a starting price of NOK 440,000 (approximately RMB 3.22 million)**.
Of course, XPeng is not the only Chinese automaker targeting Norway as a destination market. On July 20th of this year, NIO officially started shipping the first batch of ES8s to Norway. On the 15th of this month, BYD’s Tang EV began delivery in Norway, with a blade battery-equipped price of NOK 599,900 (approximately RMB 4.64 million). Additionally, on the 20th of this month, the first batch of locally produced Tesla Model Ys from the Shanghai factory arrived in Norway.
Why are so many companies choosing Norway as an export market? Because Norway currently has the highest rate of electric vehicle penetration, and its policies and national consciousness have fostered a strong electric car market. (For specific reasons, please refer to this article: One country in the world has already surpassed oil cars and become mainstream with electric cars – 42 Garage) In the previous month, plug-in electric vehicles accounted for 84.7% of all new car sales in Norway, with 64.1% being pure electric cars. In the same period, according to EU-EVs data, XPeng G3 sold 31 units in Norway, accounting for 0.4% of the market share for that month. NIO’s ES8 sold 2 units, and BYD and Datong were also present in the sales figures. Although the new forces from China are just getting started in overseas markets, it is worth noting that Chinese automakers are constantly growing stronger.🔗Source: electrek、EU-EVs
This article is a translation by ChatGPT of a Chinese report from 42HOW. If you have any questions about it, please email bd@42how.com.