XPeng EV Sales Decreased Again In May 2023

The next few months should be crucial for XPeng. The new models potentially might take the brand back to 10,000+ sales per month. It would be a positive sign, although to become profitable, XPeng has to aim higher.soon to be joined by the new G6"Ultra Smart Coupe SUV" modelThe XPeng G6 is considered a potential competitor to the Tesla Model Y, which sells pretty well in China.

"In May, XPENG invited the media to test drive the G6. Feedback from media on the G6 highlights that the new model has distinct advantages over other EV models in terms of its ADAS capabilities and its 800V platform for fast charging. The Company anticipates the G6 will emerge as one of the most popular, bestselling models in China’s NEV SUV market segment with the RMB200,000 to RMB300,000 price range.

With a 87.5-kilowatt-hour battery and a CLTC range of 469 miles , the G6 is an interesting proposition in the price range of $28,000 to $42,000 in China.

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