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Chinese Tesla rival Xpeng unveils new electric SUV aimed at international markets

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  • 9868-HK

GUANGZHOU, China — Xpeng unveiled a brand new electrical sports activities utility automobile Friday as competitors in China’s new vitality automobile market continues to accentuate.

The G9 is Xpeng’s fourth manufacturing mannequin. The corporate plans to launch the automotive in China within the third quarter of 2022, an individual acquainted with the matter advised CNBC. The particular person requested not be recognized as a result of the matter is confidential.

However the firm additionally mentioned the automotive is designed for worldwide markets. Xpeng started transport its flagship P7 sedan to Norway this yr, its first abroad market.

“G9 is our first mannequin to be conceived and developed from the bottom up for each the worldwide and Chinese language markets, bringing our most subtle designs to our clients worldwide,” Xpeng Co-Founder Henry Xia mentioned in a press launch.

Xpeng unveiled the G9 sports activities utility on the Guangzhou auto present on Friday, November 19, 2021. It’s Xpeng’s fourth manufacturing mannequin and second SUV.
Xpeng

The G9 launch provides a fourth automotive to Xpeng’s lineup, after the G3 SUV and the P7 and P5 sedans. It is the second SUV in Xpeng’s portfolio and provides one other electrical automobile to that aggressive section of the market.

Xpeng’s G9 will face off towards the likes of Tesla’s Mannequin Y, Nio’s ES6 and Li Auto’s Li One.

The corporate has not launched pricing or vary particulars but.

Xpeng G9 options

The G9 will probably be Xpeng’s first mannequin outfitted with Xpilot 4.0, the corporate’s superior driver-assistance system, or ADAS, which is slated for rollout in first half of 2023.

Poised as a rival to Tesla’s Autopilot, Xpilot permits the automotive to hold out semi-autonomous options reminiscent of lane switching.

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The automotive may even characteristic Nvidia’s Orin-X autonomous driving chips.

Xpeng says the G9 will probably be appropriate with its X-Energy superchargers, which permit automobiles to cost as much as a 200-kilometer driving vary in 5 minutes.

The G9 may even characteristic Mild Detection and Ranging expertise, or Lidar. These techniques ship out lasers that bounce again to measure distance. These returning beams are processed by an algorithm to create a 3 dimensional illustration of surrounding objects — a key expertise for autonomous autos to grasp their setting.

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