XPeng Motors unveils P7+ in Paris alongside pre-sale pricing, stresses commitment to Europe
Four days after XPeng Motors first unveiled its new P7+ EV, hailed as the “world’s first AI car,” the Chinese Automaker showcased it to the European public during the Paris Motor Show. Following the event, pre-sales of the P7+ began in China, and XPeng shared initial pricing.
As we recapped last week during the initial unveiling in China, XPeng Motors’ ($XPEV) P7+ is a new AI-centric evolution of XPeng Motors flagship sedan, the P7. That model has already made its way to new markets in Europe alongside the G9 SUV and G6 compact.
Today’s latest progress milestone dates back to February 2024, when spy images emerged of a new camouflaged BEV from XPeng that appeared to have ditched LiDAR in favor of pure vision cameras, similar to Tesla’s approach with FSD/Autopilot.
After confirming this past summer that the vehicle name and that it would, in fact, not come equipped with LiDAR, XPeng set a date to officially unveil the P7+ to the public in China. That event, held last week in Shenzen, offered plenty of updates on the XPeng P7+, including battery sizes and range estimates, but we still didn’t know the pricing.
At the time, XPeng said it would unveil the new model to Europe during the Paris Motor Show, and that additional event took place today alongside a start of pre-sales.
XPeng P7+ presale pricing kicks off lower than the Model 3
XPeng Motors used the annual Paris Motor Show as a platform to not only showcase its latest BEV technology but also reinforce its commitment to selling its vehicles in Europe and continue its quest to become a globally recognized automaker.
Similar to its event in China last week, XPeng emphasized its new AI technology and pure vision camera systems, which it calls its “AI Hawkeye Visual Solution,” to deliver a new “three-in-one” BEV that kicks off a new future for the automaker in which additional models will utilize similar AI-centric features.
Hawkeye vision features two 8M cameras in the front and rear of the P7+, as well as millimeter-wave radars and ultrasonic radars, which combine to deliver ADAS driving performance comparable to its previous approach that relied on costly LiDAR systems and HD map coverage.
The result is an intelligent driving system that operates using clearer, more accurate, and longer-range vision and perception, allowing the EV’s in-car computer to function effectively in all lighting conditions on the road. Per XPeng chairman and CEO He Xiaopeng:
XPENG believes the future of the automotive industry is rooted in technology, with AI and autonomous driving set to be the next revolution. Technology must benefit the user. XPENG cars today assist drivers with advanced ADAS (Advanced Driver Assistance System), and in the near future, they will make autonomous decisions, becoming a driver’s companion or a mobile butler, revolutionizing the mobility experience for our global customers. XPENG will continue investing in R&D to expand our vehicle portfolio and bring innovative smart technology to a world with zero accidents, zero traffic congestion, and zero emissions.
Before digging into the presale pricing of the new P7+, XPeng shared several highlights of its technology as a roadmap to future implementations across its BEV portfolio:
- Advanced ADAS standard on all lineups, with no fees or subscriptions, constantly evolving through over-the-air (OTA) updates.
- XPENG AI Hawkeye Visual Solution, powered by end-to-end AI large models, which enhances the understanding of time and space in surrounding environments while improving precision, range, and color resolution.
- The spacious interior surpasses the average SUV, with space for 33 carry-on suitcases (with the rear seats folded down).
- A standard 800V high-voltage SiC platform from XPeng G9 and G6 delivers ultra-fast charging and energy consumption of 11.6 kWh/100 km – better than competitors in its segment.
While unveiling the new model in Paris, XPeng Motors stressed its commitment to European expansion despite recently imposed tariffs on Chinese-built EV imports. The automaker currently sells three models mentioned above in several markets overseas, including Norway, Denmark, Sweden, the Netherlands, Belgium, Luxembourg, Germany, France, Iceland, Spain, and Portugal.
The P7+ will soon join its BEV siblings in Europe as XPeng has promised further expansions to new markets. Lastly, XPeng officially opened pre-orders of the P7+ in China and shared initial pricing, which is relatively low given the size and scope of its technology.
The XPeng P7+ pricing starts at RMB 209,800 ($29,610), which is RMB 22,100 ($3,120) less than the starting price of a Tesla Model 3 in China. While it will only cost Chinese customers RMB 99 to secure a pre-order of the P7+, pricing could go down even further when the model officially launches next month, making it an even more affordable and exciting new EV on the horizon.
We will keep you updated as we learn more about the XPeng P7+ and its pricing. Until then, you can view the new model up close in the video from XPeng below. Or if you’re at the Paris Motor Show, you can see it in person at XPeng’s booth in Hall 6.
FTC: We use income earning auto affiliate links. More.
Twitter CEO Jack Dorsey testifies during a remote video hearing held by subcommittees of the U.S. House of Representatives Energy and Commerce Committee on “Social Media’s Role in Promoting Extremism and Misinformation” in Washington, U.S., March 25, 2021.
Handout | Via Reuters
Block jumped more than 5% on Monday, leading a rally in shares of fintech companies as analysts downplayed the threat of JPMorgan Chase’s reported plan to charge data aggregators for access to customer financial information.
The recovery followed steep declines on Friday, after Bloomberg reported that JPMorgan had circulated pricing sheets outlining potential fees for aggregators like Plaid and Yodlee, which connect fintech platforms to users’ bank data.
In a note to clients on Monday, Evercore ISI analysts said the potential new expenses were “far from a ‘business model-breaking’ cost increase.”
In addition to Block’s rise, PayPal climbed 3.5% on Monday after sliding Friday. Robinhood and Shift4 recorded modest gains.
Broader market momentum helped fuel some of the rebound. The Nasdaq closed at a record, and crypto rallied, with bitcoin climbing past $123,000. Ether, solana, and other altcoins also gained.
Evercore ISI’s analysts said that even if JPMorgan’s changes were implemented, the most immediate effect would be a slight bump in the cost of one-time account setups — perhaps 50 to 60 cents.
Morgan Stanley echoed that view, writing that any impact would be “negligible,” especially for large fintechs that rely more on debit, credit, or stored balances than bank account pulls for transactions.
PayPal doesn’t anticipate much short-term impact, according to a person with knowledge of the issue. The person, who asked not to be named in order to speak about private financial matters, noted that PayPal relies on aggregators primarily for account verification and already has long-term pricing contracts in place.
While smaller fintechs that depend heavily on automated clearing house (ACH) rails or Open Banking frameworks for onboarding and compliance may face real pressure if the fees take effect, analysts said the larger platforms are largely insulated.
WATCH: Congress moves to redraw $3.7 trillion crypto market rules, opening door to Wall Street
The global EV market is still charging ahead. According to new numbers from global research firm Rho Motion, 9.1 million EVs were sold worldwide in the first half of 2025, up 28% compared to the same period last year. But not every region is accelerating at the same pace.
China and Europe are doing the heavy lifting
More than half of the world’s EVs this year have been bought in China. That market hit 5.5 million sales in the first six months of 2025 – a 32% jump year-over-year. Around half of new cars bought in China are now electric.
While some Chinese cities’ subsidies have dried up, Rho Motion expects momentum to pick back up later in the year as more funding is released.
In Europe, 2 million EVs were sold in the first half of the year, up 26%. Battery electric vehicle (BEV) sales also rose 26%, thanks in part to affordable models like the Renault 4 (pictured) and 5 entering the market. Plug-in hybrids (PHEVs) weren’t far behind, growing 27% year-to-date. Chinese automakers are leaning into PHEVs as a way to work around the EU’s new tariffs on BEVs.
Spain is leading the pack with EV sales soaring 85% so far this year. Its generous MOVES III incentive program was extended in April and has kept sales strong. The UK and Germany are also seeing solid growth – 32% and 40%, respectively. France, however, is slumping. With subsidies cut, EV sales there have dropped 13%.
North America is stuck in the slow lane
Things aren’t looking quite as bright in North America. EV sales in the US, Canada, and Mexico are up just 3% so far this year.
Mexico is the one bright spot, with a 20% boost. The US is up 6%. But Canada is down a whopping 23%.
And things could get bumpier. On July 4, Trump signed Congress’s big bill into law, which axes all the Inflation Reduction Act EV tax credits. Those consumer credits for EVs now officially end on September 30.
Just over half of the EVs sold in the US this year qualified for those credits. Rho Motion predicts a rush in Q3 before the subsidies disappear – and a decline in sales after that.
Rho Motion data manager Charles Lester said, “With Trump’s latest cuts in his ‘Big Beautiful Bill,’ the US could struggle to see any growth in the EV market overall in 2025.”
Global EV sales snapshot, H1 2025 vs H1 2024
- Global: 9.1 million (+28%)
- China: 5.5 million (+32%)
- Europe: 2.0 million (+26%)
- North America: 0.9 million (+3%)
- Rest of world: 0.7 million (+40%)
Read more: China breaks records as global EV sales hit 7.2 million in 2025
The 30% federal solar tax credit is ending this year. If you’ve ever considered going solar, now’s the time to act. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. It has hundreds of pre-vetted solar installers competing for your business, ensuring you get high-quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use, and you won’t get sales calls until you select an installer and share your phone number with them.
Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisors to help you every step of the way. Get started here.
FTC: We use income earning auto affiliate links. More.
Lucid’s electric sedan can drive further, charge faster, and packs more advanced tech than most of the competition. That might explain why it’s leading the segment. The Lucid Air remained the best-selling luxury EV sedan in the US after widening its lead in the Q2.
The Lucid Air is America’s best-selling luxury EV sedan
The 2025 Lucid Air Pure arrived as the “World’s most efficient car” with an EPA-estimated range of 420 miles and a record 146 MPGe.
It just set a new Guinness World Record last week for the longest journey by an electric car after travelling 749 miles (1,205 km) on a single charge.
That record was set in the range-topping Lucid Air Grand Touring model, which is rated for up to 512 miles of EPA-estimated range. On the WLTP scale, it’s rated at 597 miles (960 km). Either way, it still crushed the estimates.
According to second-quarter sales data, released by Kelley Blue Book on Monday, the Lucid Air is still America’s best-selling luxury EV.
Lucid sold 2,630 Air models in Q2, up 10% from the previous year. Through the first half of 2025, Lucid Air sales are up 17% with 5,094 units sold.
Tesla, on the other hand, only sold 1,435 Model Ss during the quarter, 71% fewer than it did in Q2 2024. Tesla Model S sales in the US are down 70% through the first half of the year at 2,715.
Although Porsche Taycan sales were up 32% with 1,064 models sold, the significantly upgraded 2025 model year was expected to see even more demand. Porsche has 2,083 Taycans in the US this year, up just 1% from 2024.
Other luxury EV sedans, such as the BMW i5 (1,434), i7 (820), and the Mercedes EQS (498), experienced steep double-digit sales declines year-over-year.
And it’s not just electric luxury sedans. The Lucid Air is currently outselling many gas-powered vehicles in its segment.
Lucid’s first electric SUV, the Gravity, is also rolling out. Although only five were sold in the second quarter, Lucid is quickly scaling production. Lucid aims to produce 20,000 vehicles this year, more than double the roughly 9,000 it built in 2024.
Earlier today, Lucid’s interim CEO, Marc Winterhoff, confirmed during an interview with Bloomberg that the company expects higher Gravity output in the second half of the year.
The interview was at the grand opening of Panasonic’s new battery cell plant in De Soto, Kansas. Winterhoff said Lucid will start using new cells from the facility, but not until next year.
Lucid’s CEO stressed the importance of establishing a local supply chain, as policy changes under the Trump Administration are taking effect. Lucid and Panasonic are collaborating to localize EV materials, such as graphite. Last month, Lucid secured a multi-year supply agreement with Graphite One for US-sourced Graphite.
FTC: We use income earning auto affiliate links. More.
-
Sports3 years ago‘Storybook stuff’: Inside the night Bryce Harper sent the Phillies to the World Series
-
Sports1 year agoStory injured on diving stop, exits Red Sox game
-
Sports2 years agoGame 1 of WS least-watched in recorded history
-
Sports2 years agoMLB Rank 2023: Ranking baseball’s top 100 players
-
Sports4 years ago
Team Europe easily wins 4th straight Laver Cup
-
Sports2 years agoButton battles heat exhaustion in NASCAR debut
-
Environment2 years agoJapan and South Korea have a lot at stake in a free and open South China Sea
-
Environment2 years agoGame-changing Lectric XPedition launched as affordable electric cargo bike