XPeng Motors, a Chinese electric vehicle manufacturer, has officially announced its new EV in China called P5, with sales beginning in October. XPeng hopes to join one of China’s major automotive categories, which is presently dominated by ICE rivals, with the P5, by introducing a technologically sophisticated EV at a reasonable price. According to what XPeng has shown thus far, the P5 has the sophisticated features and reasonable cost to succeed in a variety of regions.

The P5 developed by Xpeng is the third model from the Chinese EV startup and arguably their most important car yet, the p5 is arguably just as important for the global auto market as it is for exponent with this car.

Xpeng will be the first company to put lidar technology in the hands of customers to ensure a better driving experience and at a price point that many people can actually afford, Most sedan buyers these days (electric or not) seek comfort, space, and technology, and the 2017 XPeng P5 delivers on all of those fronts.

Xiaopeng Motors, often known as XPeng ($XPEV), is a Chinese electric vehicle manufacturer based in Guangzhou. The firm raised $1.5 billion when it went public on the New York Stock Exchange (NYSE) last year.

XPeng Motors has only launched one additional intelligent car, the P7 sedan, since the start of their flagship EV production, the G3 SUV, at the end of 2018. The P7 performance was a huge hit in China, and it’s now making its way throughout Europe, starting in Norway.

Although an all-wheel-drive version of the P5 is technically conceivable, XPeng has yet to demonstrate one.

XPeng Motors added a third vehicle to its series of EVs in April, the P5, a family car. XPeng began taking pre-orders for the P5 in July, amid rumors of a highly aggressive pricing.

After subsidies, XPeng stated at the time that the new P5 will cost approximately 157,900 yuan the equivalent to ($24,650), which is substantially less than Tesla’s Model 3, which is priced at RMB 250,900 ($38,650) in China.

We now know even more things to expect from the P5 thanks to its official introduction in China today, ahead of delivery launch next month. We also have official pricing for each grade.

These figures aren’t quite as impressive as the P7’s, but the P5 is more concerned with cruising and comfort than with speed. It’s available in six distinct models (460G, 460E, 550G, 550E, 550P, and 600P), with three various battery packs (55.9 kWh, 66.2 kWh, and 71.4 kWh) with NEDC ranges of 460, 550, and 600 kilometers. To charge from 30% to 80%, all variants require less than 40 minutes.

The P5 is still a pretty appealing car for its class, but it’s on the interior that it truly starts to make sense. When compared to the bigger P7, it seems more spacious, making greater use of its (shortened) wheelbase – rear legroom and headroom in the P5 are far superior to whatever you can anticipate in a P7, making it far greater at transporting people in the back.

The XPeng P5 will be available in China next month for about $24,500

XPeng issued a press statement today in conjunction with a press event in China, detailing the features of its new electric car, including cost, range, modern driver-assisted technologies like LiDAR sensors, and One of the Navigation Guided Pilot (NGP), the P5 NGP is even more advanced. In some instances, the NGP technology can also recall parking places and, according to Xpeng, can even park the car autonomously.

Xpeng used the P7 vehicle to demonstrate over 1,800 miles of Chinese highways. After analyzing the data, the firm discovered that the NGP system only required 0.71 adjustments per 62 miles on average.

With the introduction of its third electric car among other versions, Toyota hopes to gain a foothold in China’s family sedan market, which is presently overtaken by ICE vehicles such as the Toyota Camry and Honda Accord.

XPeng has designed an EV with many of the modern safety and infotainment systems seen on higher-end vehicles, at a price point competitive with the remaining family sedan category, to help push buyers toward a zero-emission future. Chairman and CEO of XPeng, He Xiaopeng, stated:

With the P5, we have delivered a new level of sophistication and technological advancement for smart EVs in China, at a competitive price point. We believe this is an age of intelligence, and that intelligence will redefine mobility as a whole. Now we have made the best-in-class smart family sedan available at the RMB 200,000 price range, bringing some of the most advanced driver assistance functionality to China’s vast and fast-growing middle-class consumer base.

The new P5 will be equipped in six different configurations, with prices ranging from RMB 157,900 to RMB 223,900 (about $24,549 to $34,811). The P5 will be featured with XPILOT 3.5 software as an optional upgrade, which has 32 perception sensors and one sub-meter high-precision positioning unit, making it the automaker’s most powerful automated driving hardware system to date.

The company began selling the P5 on Wednesday and announced that deliveries will begin in October.

More Specs

Two double-prism units with 12 ultrasonic sensors, 5 mm-wave radars, 13 HD cameras, and a high-precision positioning unit are included in the current EV’s LiDAR system.

It uses 32 perception sensors, including 2 LiDARs, 12 ultrasonic sensors, 13 high-resolution cameras, and radars.

According to XPeng, the newest XPILOT identifies not just other cars on the road, but also cyclists, pedestrians, and possible road dangers, regardless of weather conditions or visibility.

Aside from ADAS and price, the new P5 will provide a sufficient NEDC range, which Xpeng has also evaluated with a third party in city and highway settings. The additional testing resulted in a 95 percent rate of NEDC city mileage against a 97 percent rate of NEDC highway range rating.

There are a lot of specs to go over and compare with six variants to select from, so we’ve gathered them for you here.

The P5’s interior is also reconfigurable, which is a unique feature. Optional features include a lounge with a movie projector and a sleeping compartment, which may be added by the owner. A built-in refrigerator and aroma control are also available.

X-PILOT 2.5, 3.0, and 3.5 updates are required for all P5 models and must be purchased individually.

The P5 is based on the same foundations as XPeng’s initial model, the extremely popular G3 electric crossover, but it differs in appearance, looking more like the sporty P7. It features a single 155 kW (208 horsepower) / 310 Nm (228 pound-foot) front-mounted motor that accelerates it from a standstill to 100 km/h (62 mph) in 7.5 seconds and on to a peak speed of 175 km/h.

A single electric motor rated at 207 horsepower and 228 lb-ft of torque is standard on all six P5 classes. The P7 sedan and G3 crossover have already begun to be exported to Norway, with plans to expand into additional European countries in the near future.

The P5 from XPeng will ultimately make its way to Europe

Following today’s unveiling, we spoke with XPeng officials, who assured us that the P5 sedan is already on its way to Europe.

XPeng noted that the new P5 will need to be tweaked for the foreign market, but the carmaker has done it before with the P7, which is now on its way to Norway. In order to comply with market requirements, P5 testing will be required in Europe.

XPeng also stated that capabilities like voice control and the operating system must be able to handle several languages. Because various markets have different tastes, not all of the same features will debut on the P5 in Europe. For example, XPeng informed us that the streaming material and voice command functionalities will be altered.

Self-driving technology will take longer to develop since the carmaker must create maps, local laws, and necessary testing to assure safe implementation.

Customers in Europe may anticipate autonomous functions to arrive slightly later than the vehicle itself, according to XPeng. We don’t yet know when the P5 will come to other countries.