Xpeng P7 launch fuels frenzy, aims for 40,000 monthly deliveries
Xpeng's next-gen P7 sedan launches August 27 with AI chips, ultra-fast charging, and up to 820 km range. Pre-orders topped 10,000 in minutes, with deliveries starting immediately. CEO He Xiaopeng targets 40,000 monthly units from September. July deliveries hit 36,717, up 270% YTD. Retail sentiment turned 'extremely bullish' as Xpeng's US-listed shares have doubled in 2025.