Xiaopeng Motors’ New Model Launched Amid Nasdaq Golden Dragon Index Rally

Summary
The Nasdaq Golden Dragon China Index closed up 3.5%. Most popular Chinese concept stocks rose. Xiaopeng Motors climbed more than 15%.

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On the evening of November 7, Xiaopeng Motors held a press conference, and the Xiaopeng P7+ was officially launched.

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This model series uses a single-motor rear-wheel drive system and is equipped with lithium iron phosphate battery packs of 60.7 kWh and 76.3 kWh. The maximum CLTC cruising range can reach 725 kilometers, and the price ranges from 186,800 yuan to 218,800 yuan.

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