Xpeng new P7 secured over 10,000 orders within 7 minutes

The Chinese EV maker has officially launched its next-generation P7 electric sedan . Shortly after the launch event concluded, the company announced that the new-generation P7 secured over 10,000 firm orders within the first seven minutes Xpeng rolled out the new P7 today at its headquarters in Guangzhou, with a starting price of 219,800 yuan ($30,700) , significantly below the previously marketed 300,000 yuan target price point. Shortly after the launch event concluded, Xpeng announced that the new-generation P7 secured over 10,000 firm orders within the first seven minutes. The first-generation Xpeng P7 debuted at the April 2019 Shanghai auto show and was officially launched in April 2020, with deliveries commencing in the middle of 2020. The latest update aims to attract fashion-conscious consumers with a younger, sportier style, following the company's other models that lean more toward the family car market. Xpeng offers four variants of the new-generation P7, priced start...