XPeng Motors announces starting EU pricing for P5 reservations

Trending 1 month ago 16

Following the opening of reservations successful 4 European markets past month, XPeng Motors has shared what pricing EU customers tin expect to spot aft they enactment a deposit down connected a caller P5. Three of the 4 EU countries XPeng present calls location are accepting deposits connected P5 reservations, with Norway to travel aboriginal this spring.

Xiaopeng Motors aka XPeng ($XPEV) instantly made a splash with its all-electric P5 sedan – the 3rd EV successful its lineup – erstwhile it shared archetypal pricing successful China past summer. By undercutting the ace fashionable Tesla Model 3 by astir $14,000, it was wide XPeng came to compete.

When the P5 launched successful China this past September, its pricing remained highly competitive. Furthermore, XPeng announced the sedan would beryllium besides coming to definite markets successful the EU.

At the time, XPeng stated it would request clip to tweak the P5 to acceptable the planetary market, although the automaker already has experience doing truthful with its P7, which is present sold successful Norway. The P5 besides had to spell done investigating successful the EU to comply with the marketplace regulations earlier immoderate pricing could beryllium shared.

Last month, XPeng announced it had officially opened reservations for the P5 successful the EU, opening successful Denmark, the Netherlands, Norway, and Sweden with pricing to soon follow. As of today, XPeng Motors fixed a sensation of starting pricing for a caller P5 successful each idiosyncratic EU market.

EU customers tin cheque their P5 pricing, marque deposit

According to a press release from XPeng today, those customers successful the automaker’s caller EU markets tin enactment their deposit down for a P5 and spot their expected pricing below. The Chinese automaker calls these numbers “expected” due to the fact that they are simply the starting MSRPs for each country.

XPeng’s extremity is to springiness EU customers a ballpark terms of what to expect to wage for a caller P5 erstwhile they enactment a deposit down; a typical for the automaker told america that the authoritative motorboat volition travel astatine a day TBD and volition see each pricing and specs for each trim level of the P5 successful the EU.

Here’s however the starting P5 pricing breaks down by EU country, alongside links to XPeng’s idiosyncratic website for each market:

Denmark – 390,000 DKK heyxpeng.com/dk The Netherlands – 48,000 EUR heyxpeng.com/nl Norway – 380,000 NOK heyxpeng.com/no Sweden – 550,000 SEK heyxpeng.com/se

According to XPeng, customers successful Denmark, the Netherlands, and Sweden tin configure their P5, put a trial drive, and enactment a deposit down today. Norwegian customers tin inactive marque a reservation, but volition not beryllium capable to enactment their authoritative deposit successful until aboriginal this spring.

If immoderate EU customers similar to speech to an XPeng typical successful person, the automaker presently has Experience Stores unfastened successful Copenhagen, The Hague, and Stockholm.

FTC: We usage income earning car affiliate links. More.

Subscribe to Electrek connected YouTube for exclusive videos and subscribe to the podcast.

You’re speechmaking Electrek— experts who interruption quality astir Tesla, electric vehicles, and green energy, time aft day. Be definite to cheque retired our homepage for each the latest news, and travel Electrek connected Twitter, Facebook, and LinkedIn to enactment successful the loop. Don’t cognize wherever to start? Check retired our YouTube channel for the latest reviews.

More