Posts by PocketRocket

PocketRocket · Apr 28, 2020

I'll say right off the bat that this is most likely vaporware because it seems way too good to be true. But hey, you never know.

Chinese car-maker Xpeng Motors has now launched P7 electric sports sedan, their response to the Taycan. They claim the car has a range of 706 km (438.6 miles) which would be a world record.

Billed as a “super-long range, high-performance, fast-charging intelligent EV sports sedan”, the Xpeng P7 is now available to order in China, where pricing starts from RMB 229,900 ($US32,462 or $A54,999) post-subsidies.

The P7 will be available in eight configurations across three versions: 4WD High Performance, RWD Super Long Range and RWD Long Range (568km).

Despite the COVID-19 pandemic Xpeng says first deliveries will take place in China by the end of June. However, so far there is no news of a right-hand drive version for export.

Xpeng P7 targets Porsche Taycan

China’s latest electric sports sedan claims a world-record 700km-plus range and is on sale now

www.motoring.com.au

PocketRocket · Jun 2, 2020

TEV31 said:
The Xpeng P7 is already a dangerous rival to the Model 3 in China.

What this means for the Taycan is hard to say but I think regardless of what Xpeng model will come closest, Porsche still has an edge. One, because of everything that comes with a Porsche. The other is scalability from VW Group to make the Taycan even stronger.

I wonder if that is part of the reason (aside from the tax incentives) that Tesla has reduced their prices in China.

Tesla to cut car prices in North America and China

It was not immediately clear by how much Tesla was cutting its prices or when the cuts would take effect.

www.cnbc.com

PocketRocket · Jun 2, 2020

TEV31 said:
That and possibly the Polestar 2. Expect Tesla to do similar things as Polestar ramps up in China.

Report: Polestar to build more Chinese showrooms to compete with Tesla

China is the world's leading EV manufacturer and consumer. To compete in this market, Polestar's parent company Geely is going to build many more showrooms.

thenextweb.com

Geely's Polestar plans China showroom expansion to compete with Tesla: sources

Polestar, the premium electric vehicle maker owned by China's Geely, plans a big expansion of its showroom network in the mainland, sources said, as it prepares for delivery of cars to compete with Tesla Inc's <TSLA.O> locally made Model 3.

www.reuters.com

I didn't realize that Polestar is making this kind of a push, I wonder how much of a market share they can take away from Tesla.