Chinese Tesla rival Xpeng unveils new electric SUV aimed at international markets

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GUANGZHOU, China — Xpeng unveiled a new electric sports utility vehicle Friday as competition in China’s new energy vehicle market continues to intensify.

The G9 is Xpeng’s fourth production model. The company plans to launch the car in China in the third quarter of 2022, a person familiar with the matter told CNBC. The person asked not be identified because the matter is confidential.

But the company also said the car is designed for international markets. Xpeng began shipping its flagship P7 sedan to Norway this year, its first overseas market.

“G9 is our first model to be conceived and developed from the ground up for both the international and Chinese markets, bringing our most sophisticated designs to our customers worldwide,” Xpeng Co-Founder Henry Xia said in a press release.

Xpeng unveiled the G9 sports utility at the Guangzhou auto show on Friday, November 19, 2021. It is Xpeng’s fourth production model and second SUV.

Xpeng

The G9 launch adds a fourth car to Xpeng’s lineup, after the G3 SUV and the P7 and P5 sedans. It’s the second SUV in Xpeng’s portfolio and adds another electric vehicle to that competitive segment of the market.

Xpeng’s G9 will face off against the likes of Tesla’s Model Y, Nio’s ES6 and Li Auto’s Li One.

The company has not released pricing or range details yet.

Xpeng G9 features

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