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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+ pricing
  • XPeng P7+ pricing

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.

Source: XPeng Motors

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Tesla’s top crash safety architect quits

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Tesla's top crash safety architect quits

Tesla’s top crash safety architect, who helped the automaker achieve top safety scores for its entire car line-up, announced that he is leaving the automaker after 14 years.

We are talking about Petter Winberg, Tesla’s Principal Engineer for CAE crashing safety for the last decade.

After an extensive career at Volvo and SAAB, both car brands praised for their commitment to safety, Winberg joined Tesla in 2011 to work on the “crash safety development of Model S structure and side occupant restraints.”

At the time, Tesla was still working on the Model S, its first vehicle built entirely from the ground up, considering the original Roadster was based on the Lotus Elise.

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CEO Elon Musk aimed for “Tesla vehicles to be the safest on the planet,” and Winberg took the challenge seriously.

He led the development of the vehicle body and chassis structure for Model 3 and Model Y, as well as the crash structure for Model S and Model X.

All of these vehicles have received top safety crash scores from independent testers worldwide – quickly elevating Tesla’s brand into a leader in passive safety.

Winberg and his team deserve a lot of the credit for this.

The engineer also led the design of crash readiness and the energy-absorbing capacity of Tesla’s latest “gigacasting” and structural battery pack designs, for which he obtained patents. Other automakers have since adopted similar designs.

For those less technical who want to understand how good and respected Winberg is at Tesla, he has been working for Tesla remotely in Sweden for the last five years. That’s impressive in itself, considering how much Musk hates remote work. He previously emailed Tesla management to tell them that only exceptional employees would be eligible for an exemption to work remotely, which he would approve himself.

After 14 years at Tesla, Winberg announced last week that he is leaving (via LinkedIn):

Having developed Model S, S-DM, X, 3, Y, Y-SP as well as future crash architectures, I have decided now is the time to move on. Thank you Tesla, keep crushing it! What an incredible team, I will miss you all.

He didn’t elaborate on his reasons for leaving the automaker or announce another venture.

Electrek’s Take

While Tesla has received much criticism for the dangers of its Autopilot and “Full Self-Driving” systems, I don’t think anyone can question that Tesla vehicles perform extremely well in terms of passive safety.

Independent testing has proven it time and time again.

Tesla has led the way in taking advantage of designing electric vehicles from the ground up. Its skateboard-like powertrain design and lack of engine in the front allow for a giant crumple zone to absorb the energy in case of a crash.

A big thank you to Petter Winberg for his designs and leadership in improving Tesla’s passive safety. He has undoubtedly made the automotive industry safer and saved lives. Congratulations.

As for his departure, it’s certainly a blow for Tesla. As we previously reported, the company has suffered a significant exodus of talent over the last year, with a big part of its leadership leaving during and after a wave of layoffs last year.

Many predict that Tesla could again initiate another wave of layoffs in the coming months as its sales are crumbling worldwide.

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Tesla Model S Plaid gets smoked in drag race by Xiaomi’s cheaper SU7 Ultra

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Tesla Model S Plaid gets smoked in drag race by Xiaomi's cheaper SU7 Ultra

The SU7 Ultra, Xiaomi’s new flagship electric vehicle, went against a Tesla Model S Plaid in a drag race and it smoked it.

The car is ridiculously powerful, and it’s about 35% cheaper than the Plaid, which is already affordable relative to its supercar performance.

We recently released a report about how impressed we are by Xiaomi’s incredible rise in the EV market in China.

Its first vehicle, the SU7, is a smash hit. It now consistently delivers over 20,000 units a month, it has surpassed the Tesla Model 3, its closest competitor, and has a more than 30-week-long backlog of orders.

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The vehicle achieves more range and is cheaper than Model 3 while having additional features.

Last month, Xiaomi launched a new top-of-the-line version of the SU7: the SU7 Ultra.

The headline is that the $72,800 (529,900 RMB) has a powertrain packing up 1,526 horsepower. That’s absolutely insane. Xiaomi quotes a 0 to 100 km/h (0 to 62 mph) acceleration in just 1.98 seconds.

While the SU7 is meant more as a Model 3 competitor, the SU7 Ultra actually competes with Tesla’s flagship Model S Plaid in terms of performance.

They organized a drag race between the SU7 Ultra and Model S Plaid. Here it is:

As you can see, the SU7 Ultra slipped at the start, which is not surprising considering how much power it outputs, but it still managed to catch up and beat the Model S Plaid.

At over 1,000 horsepower, many, myself included, thought that it was a bit mad to offer a vehicle like the Model S Plaid with such supercar power for a relatively cheap price – RMB 814,900 (approximately $112,000 USD) in China and just $95,000 in the US.

But now, Xiaomi shakes things up even more by offering 1,500 horses for just a little more than $70,000. It’s mad.

Now, I can hear your thoughts: “but it’s just good in a straight line drag race like other EVs.” Think again, the SU7 Ultra prototype claimed the title as the fastest four-door sedan at the famous Nurburgring race track in Germany.

Electrek’s Take

Damn, the Chinese are good. Xiaomi has come hard with the SU7, but the crazy thing is that it’s just one of several Chinese top-of-the-line EVs coming out. Nio has the ET7, BYD has the U7, and there are many more.

These vehicles are all impressive in their own rights.

It’s easy to understand why American automakers are so scared and lobbied the US government for 100% tariffs on them.

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Trump administration sends a clear message to the oil and gas industry: ‘You’re the customer’

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Trump administration sends a clear message to the oil and gas industry: 'You're the customer'

Interior Secretary Doug Burgum: We're bringing back manufacturing and mining to the U.S.

HOUSTON — The officials leading President Donald Trump’s energy agenda made clear to oil, gas and mining executives this week that they have an ally in Washington who intends to make it as easy as possible for them to drill in federal lands and waters.

Interior Secretary Doug Burgum told executives gathered for the world’s largest energy conference that the Trump administration does not view climate change as an existential threat. Energy Secretary Chris Wright said rising global temperatures are simply a byproduct of developing the country’s national resources to support economic growth and national security.

Burgum leads Trump’s recently established National Energy Dominance Council and Wright serves as his deputy on the interagency body tasked with boosting production. Burgum was effusive in his praise of the oil and gas industry during remarks delivered at CERAWeek by S&P Global conference.

“I’m going to share two words that I do not think that you have heard from a federal official in the Biden administration during the last four years. And those two words are thank you,” said Burgum, who previously served as governor of North Dakota, a state that produces 1.2 million barrels of oil per day.

Burgum leaned on his experience as software company executive to lay out his view of the interior department’s role. The department under his leadership views the companies developing resources on federal lands as “customers” who are contributing revenue to the nation’s “balance sheet,” Burgum said.

“If someone was sending me revenue, they weren’t the enemy. They were the customer,” Burgum said. The administration loves anyone who wants to harvest timber, mine for critical minerals, graze cattle, or produce oil and gas on federals, the interior secretary said.

Royalties sent from lease agreements on federal land will help the U.S. pay down its national debt and balance the budget, Burgum said. “You’re the customer,” the interior secretary told the executives.

The value of nation’s abundant natural resources far outweighs its $36 trillion in debt, Burgum said. If financial markets understood the value of America’s natural resources, the 10-year long-term interest rate would come down, Burgum claimed.

“The interest rates right now are one of the biggest expenses we have as a country,” Burgum said. “So one of the things that we have to do is unleash America’s balance sheet, and President Trump is helping us do that,” he said.

Burgum slammed the Biden administration’s focus on climate change as an “ideology.” He said the Trump administration views Iran acquiring a nuclear weapon and China winning the artificial intelligence race as the two existential threats facing the U.S. rather than global warming. Wright said Biden had a “myopic” and “quasi religious” belief in reducing emissions that hurt consumers.

Burgum and Wright dismissed policies that support a transition from fossil fuels to renewable energy, arguing that wind and solar won’t be able to meet rising energy demand in the coming years from artificial intelligence and re-industrialization.

“There is simply no physical way that wind, solar and batteries could replace the myriad uses of natural gas. I haven’t even mentioned oil or coal yet,” Wright said at the conference. Wright previously served as CEO of oilfield services company Liberty Energy and a board member at nuclear startup Oklo.

Oil execs see allies in Washington

Oil executives are enthusiastic about the change of administrations in Washington, returning the praise they received from Trump’s energy team during the week.

ConocoPhillips CEO Ryan Lance said Wright and Burgum “understand the business,” describing them as the best energy team the U.S. has seen in decades. TotalEnergies CEO Patrick Pouyanné said he was “impressed by the quality of our counterparts.” Chevron CEO Mike Wirth said the industry is “seeing some reality come back to the conversation.”

“For years, my message has been, we need a balanced conversation about affordability, reliability and the environment, and focusing only on climate leads us to ignore the first two,” Wright said.

Energy Sec. Wright: We can get to no or very low tariffs, but it's got to be reciprocal

The executives all referred to the Gulf of Mexico as the Gulf of America, following Trump’s executive order to rename the body of water. The president issued an order on his first day to repeal Biden’s ban on offshore drilling in 625 million acres of U.S. coastal waters.

BP CEO Murray Auchincloss briefly slipped before correcting himself when discussing how generative AI is helping with exploration: “We started doing this in the Gulf of Mexico, uh America, and we spread that to other nations as well.”

But Trump’s calls to “drill, baby, drill” are running up against market reality. The CEOs of Chevron and Conoco said U.S. oil production will likely plateau in the coming years after hitting new records under the Biden administration.

“Chasing growth for growth’s sake has not proven to be particularly successful for our industry,” Wirth said. “At some point, you’ve grown enough that you should start to move towards a plateau, and you should generate more free cash flow, rather than just more barrels.”

Lance sees U.S. oil production plateauing later this decade and then slowly declining.

“Maybe it’s time to go back to exploring the Gulf of America,” Pouyanné said. “The new administration is opening the Gulf. It has been slowed down after the Macondo drama,” he said, referring the Deepwater Horizon oil spill, the largest in the history of marine drilling operations.

U.S. oil producers are scheduled to meet with Trump next week, industry lobby group American Petroleum Institute said in statement.

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