Many visitors have experienced the show cars at Xpeng stores over the past 3 days, demonstrating their enthusiasm for the G6, it said.
(Image credit: Xpeng)
Xpeng's (NYSE: XPEV) new SUV, the G6, appears to be getting a good initial reception, the electric vehicle (EV) maker's pre-sale orders announced today showed.
The Xpeng G6 received more than 25,000 orders within 72 hours of the start of pre-sales, the company said on Weibo.
Many visitors have experienced the show cars in Xpeng stores over the past three days, demonstrating their enthusiasm for the G6, the company said.
Visitors have commented positively on the Xpeng G6's space, 755 km range, and fast-charging capability thanks to the 800 V high-voltage platform, Xpeng said.
Xpeng will announce official configurations and pricing at the end of June, and the company will accelerate its capacity climb and deliver vehicles as early as possible, its chairman and CEO He Xiaopeng said in a retweet of Xpeng's Weibo.
Xpeng began pre-sales for the G6 on June 9, with pre-sale prices starting at RMB 225,000 ($31,510), significantly lower than the RMB 263,900 starting price of the Tesla Model Y in China.
The G6 show cars are already available at Xpeng stores, and the model will officially launch on June 29 with deliveries starting in July, the company said last week.
Consumers who pay RMB 2,000 to reserve an Xpeng G6 now will receive an RMB 5,000 discount when they pay for the car.
Xpeng unveiled a new architecture, called SEPA (Smart Electric Platform Architecture) 2.0, at a technology conference in Shanghai on April 16, saying the G6 would be the first model built on the architecture.
On April 18, Xpeng officially unveiled the G6 on the first day of the Shanghai auto show, saying that the G6 is the ultimate form of car before fully autonomous driving is achieved.
The model is based on the 800 V high-voltage platform and can get 300 kilometers of range in as little as 10 minutes on a charge, Xpeng said at the time. Another of the company's 800 V-based models is the G9.
It is an all-electric mid-size SUV with a length, width and height of 4,753 mm, 1,920 mm and 1,650 mm, respectively, and a wheelbase of 2,890 mm, a regulatory filing in March showed.
For comparison, the Tesla Model Y has a length, width and height of 4,750 mm, 1,921 mm and 1,624 mm, respectively, and a wheelbase of 2,890 mm.
The G6 will be a hot seller in China's new energy SUV market in the RMB 200,000 to 300,000 range and will enable Xpeng's total deliveries to grow well above the industry in the third quarter, the company's management said in a conference call with analysts after announcing its first-quarter earnings on May 24.
That means Xpeng management expects monthly sales of the G6 to reach 6,000-8,000 units, Deutsche Bank analyst Edison Yu's team said in a research note sent to investors on May 30.
($1 = RMB 7.1399)
Xpeng surges in HK as investors seem to like G6's pre-sale price
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