AutoBeta(AutoBeta.net)02/18 Report--

According to Tianyan investigation, Xiaopeng Automobile established Zhaoqing Xiaopeng New Energy Investment Co., Ltd. on February 14, with a registered capital of 100 million yuan, and the legal representative is Xiaopeng Automobile Co-founder and President Xia Heng. The company's business scope includes enterprise-owned capital investment, energy management services, battery charging services for electric vehicles, research and development of electric vehicles, and so on.

Zhaoqing Xiaopeng New Energy Investment Co., Ltd. is jointly owned by Zhaoqing Xiaopeng Automobile Co., Ltd and Zhaoqing Kunpeng Automobile Technology Co., Ltd. Zhaoqing Xiaopeng Automobile Co., Ltd. is wholly owned by Guangzhou Orange Bank Intelligence Automotive Technology Co., Ltd., the main body of Xiaopeng Automobile operator, while Zhaoqing Kunpeng Automotive Technology Co., Ltd. is each 50% owned by Xia Heng and he Tao, co-founder of Xiaopeng Automobile.

Xiaopeng said that the main purpose of setting up the new company is to improve the layout of the supply chain.

Since its establishment in January 2015, Xiaopeng has raised money eight times, with investors including Alibaba, Xiaomi, Foxconn and Hillhouse Capital, with a cumulative financing amount of about 16.8 billion yuan, according to Tianyanzhan data.

As a member of the new car building force, Xiaopeng has only one model on sale-the Xiaopeng G3. The Xiaopeng G3 was officially launched and delivered in December 2018. in July last year, the 2020 Xiaopeng G3 was officially launched. The new car is divided into G3520 and G3400 with a total of six models, with a subsidised price range of 14.38-196800 yuan.

Sales figures show that Xiaopeng sold a total of 16609 cars in 2019. In January, Xiaopeng sold 1073 car terminals, up 79.1% from a year earlier.

The sales of most of China's automobile enterprises declined in January this year. Affected by the epidemic and the market environment, a number of Chinese car companies announced to extend their resumption of work. It is expected that China's car sales will decline in the first quarter of this year compared with the same period last year.

It is understood that Xiaopeng has resumed work on February 10, and its second model, the Xiaopeng P7, will be officially launched in April this year and start delivery in the second quarter. According to official data, the Xiaopeng P7 has three models: rear-drive long-range version, rear-drive ultra-long-range version and four-wheel drive high-performance version. In terms of battery life, the comprehensive mileage of the rear-drive long-range version and the four-wheel drive high-performance version of NEDC is 550km, while the NEDC of the rear-drive ultra-long-range version may exceed the 700km, and the pre-prices are 240000 yuan, 270000 yuan and 370000 yuan respectively.

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