Xpeng P5 to be officially launched on Sept 15
Xpeng Motors announced on Sunday that its new sedan, the P5, will be officially launched on September 15, about two months after the model went on pre-sale.
Xpeng announced the news on Weibo, with a poster showing it will hold a "Super Launch Event".
The company announced the P5 for pre-sale at the Guangdong-Hong Kong-Macao Greater Bay Area International Auto Show in Shenzhen on July 17, announcing a price range of 160,000 yuan ($24,700) to 230,000 yuan.
Later that day, the company said the P5 had more than 5,000 orders within seven hours of opening for pre-sale, and that 70 percent of those who pre-ordered chose the LiDAR-equipped versions.
The company did not announce order numbers for the latest P5 after that time.
Xpeng debuted a new nomenclature for the P5, with the P representing the model's highest level of intelligence, followed by the E and G. The numbers in the names of the different models represent their NEDC range.
The P series offers 550km and 600km NEDC range options, while the E series and G series both offer 460km and 550km range options.
Xpeng previously boasted that the P5 was the world's first LiDAR-equipped model, but it's worth noting that only the P series is equipped with this component, while the E series and G series models are not equipped with LiDAR.
Those who previously participated in the pre-order paid an intent deposit of RMB 5,000, which is refundable at any time, and can change the configuration of the model at any time during the pre-order period.
Their RMB 5,000 deposit can be used to offset the RMB 10,000,000 purchase price of the car.