Xpeng Motors Plans First EREV Model Launch in Late 2025
Chinese electric vehicle manufacturer Xpeng Motors is reportedly expanding its product lineup by entering the hybrid market with its first extended-range electric vehicle (EREV). According to sources cited by local media outlet 36Kr, the company plans to begin mass production of this new model, codenamed G01, in the second half of 2025. The vehicle will be a large sport utility vehicle based on the existing G9 crossover platform and is expected to start at a price of RMB 200,000 ($28,180). Production will take place at Xpeng’s second factory in Guangzhou, which is currently under construction. Environmental filings indicate this facility will have an annual capacity of 300,000 vehicles, including 100,000 hybrids. This strategic shift aligns with broader market trends in China, where sales of plug-in hybrids and EREVs surged by 75.6% year-over-year in the first eight months of the year, significantly outpacing the 16% growth seen in pure electric vehicle sales. The move suggests Xpeng is adapting to changing consumer preferences and competitive pressures in the rapidly evolving Chinese automotive sector.
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Xpeng Motors Plans First EREV Model Launch in Late 2025
Chinese electric vehicle manufacturer Xpeng Motors is reportedly expanding its product lineup by entering the hybrid market with its first extended-range electric vehicle (EREV). According to sources cited by local media outlet 36Kr, the company plans to begin mass production of this new model, codenamed G01, in the second half of 2025. The vehicle will be a large sport utility vehicle based on the existing G9 crossover platform and is expected to start at a price of RMB 200,000 ($28,180). Production will take place at Xpeng’s second factory in Guangzhou, which is currently under construction. Environmental filings indicate this facility will have an annual capacity of 300,000 vehicles, including 100,000 hybrids. This strategic shift aligns with broader market trends in China, where sales of plug-in hybrids and EREVs surged by 75.6% year-over-year in the first eight months of the year, significantly outpacing the 16% growth seen in pure electric vehicle sales. The move suggests Xpeng is adapting to changing consumer preferences and competitive pressures in the rapidly evolving Chinese automotive sector.
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