Xpeng Motors is confident that the P5 will become its new best-selling model. He Xiaopeng, Co‐founder, Chairman, and CEO, Xpeng Motors, revealed this development in an interview with China Business Journal at Auto Shanghai 2021, reports CnEVPost.
The P5’s prices aren’t out yet, but the base configuration is expected between CNY 150,000-200,000 (USD 23,133-30,844). Such pricing would be a serious threat to Tesla’s locally-manufactured Model 3, which costs CNY 265,740 (USD 40,982) before subsidies/CNY 249,900 (USD 38,539) in the base configuration. Insiders say that the P5 is the brand’s testbed for understanding if customers would prefer a family car with higher levels of intelligence.
Xpeng P5 garners good initial response
The Xpeng P5 was unveiled in China on the 14th of April, and the company began taking pre-orders after its motor exhibition premiere at Auto Shanghai 2021 on the 19th of April. It has received more than 10,000 reservations in its home market only 53 hours or a little over two days after it kicked off pre-orders.
Source: Youtube/XPeng Motors
The Xpeng P5 seems to be off to a great start in the domestic market. Deliveries of the new electric sedan are officially expected to begin in the fourth quarter of the year (October-December 2021). Early bird customers will benefit from lifetime free charging and supercharging, and this great money-saving offer should seal the deal for many prospects. The P5 could become the brand’s best-selling model with strong domestic sales alone.
Twitter user Moneyball (@DKurac), who watches Chinese OEMs closely, says that an Xpeng P5 Norway launch is planned, and other European markets will also get the electric sedan. Norway could be the first overseas market for the P5 worldwide, the same way it was for the G3.
The Xpeng P5 is a mid-size model, and the company is pitching it as an alternative to the Tesla Model 3, the Mercedes C-Class, and the BMW 3 Series (and the forthcoming BMW 3 Series EV). At 4,808 mm long, it is 114 mm longer than the Tesla Model 3 (4,694 mm). However, despite the greater length, its wheelbase is shorter (-107 mm), 2,768 mm, compared to the Tesla EV’s 2,875 mm. Thanks to the sleek design, the Chinese electric car’s drag coefficient is a low, 0.223 Cd.
XPILOT Autonomous driving
The Xpeng P5’s biggest highlight is its capability of autonomous driving in the city, with the XPILOT 3.5 system. Xpeng Motors says that this is the world’s first production smart EV to feature automotive-grade LiDAR technology. Claimed to be the most advanced autonomous driving system in any production car, XPILOT 3.5 consists of 32 perception sensors and 1 high-precision positioning unit (GNSS + IMU).
The 32 perception sensors include 2 LiDAR units, 12 ultrasonic sensors, 5 millimetre-wave radars, and 13 high-resolution cameras. Xpeng Motors says that the LiDAR units are “double-prism” units that can recognize pedestrians, cyclists and scooters, static obstacles, and road works. They can function properly even at night and in other low-light conditions. Backlighting, alternating light, and dark illumination in tunnels also don’t affect its functioning.
Other attractions of the Xpeng P5 include solar roof, Sleep mode, projector with Theater mode, built-in fridge, 15.6-inch dual-screen instrument cluster & infotainment system running on Xmart OS 3.0 (powered by Qualcomm Snapdragon SA8155P), and 1.493 square-meter transparent panoramic canopy glass roof.
Exports to Norway and other European countries may begin in the first half of 2022.
Xpeng 5 FAQs
What are the Xpeng P5 rivals?
The main competitor to the Xpeng P5 is the Tesla Model 3 and the upcoming BMW 3 Series electric.
What is the Xpeng P5 range?
The expected Xpeng P5 range is 600 km (NEDC).
Featured Image Source: Xpeng Motors