XPeng Motors has officially unveiled its new P7+ BEV sedan, the first of its lineup to ditch LiDAR sensors in favor of pure vision cameras, similar to Tesla. XPeng is hailing the P7+ as the “world’s first AI car,” which utilizes the technology across several features within the sedan.
The P7+ is a new AI-centric evolution of XPeng Motors’ ($XPEV) flagship sedan, the P7, which we got a chance to test drive back in 2022. That original model saw a refresh in its own right in February of 2023, as the BEV made its way over to new markets in Europe alongside the G9 SUV.
The incoming P7+ variant has been on Electrek’s radar since rumors began to swirl that the Chinese automaker was considering a model without LiDAR sensors and, instead, prioritized pure vision cameras, similar to Tesla’s self-driving technology.
Spy images from February 2024 showed a new camouflaged model being tested without the popular ADAS sensors, but it was not confirmed at the time which XPeng BEV that was. It was simply codenamed the “F57.”
This past July, XPeng Motors confirmed the BEV would be called the P7+ and would, in fact, operate without LiDAR. Details were light, but XPeng shared that the sedan would debut at over 5 meters (16.4 feet) long and come loaded with advanced technology, including pure vision cameras.
During an event held in Shenzen, China, earlier today, XPeng officially unveiled the P7+ and shared details of said technology, as well as when orders and initial deliveries are scheduled to begin.
Source: XPeng Motors/Weibo
XPeng P7+ to launch, begin deliveries in China in November
Throughout the live event, XPeng Motors posted consistent updates about the P7+ on its Weibo page, sharing many of the specs and advanced technologies it has been equipped with. Its makers describe the P7+ as a new “three-in-one species” that offers the posture of a coupe, the space of an SUV, and the comfort of an MPV, all complimented by luxury executive-level interiors.
The new all-electric sedan measures a length, width, and height of 5,056 mm, 1,937 mm, and 1,512 mm, respectively, with a wheelbase of 3,000 mm. That’s a bit larger than its P7i sibling in every direction. Customers will be able to choose from two different LFP battery packs offering capacities of 60.7 kWh and 76.3 kWh that translate to (CLTC) ranges of 620 km (385 miles) and 710 km (441 miles), respectively.
XPeng states that the P7+’s exterior was optimized for aerodynamics. It achieves a drag coefficient of Cd 0.206 and consumes as little as 11.6 kWh of power per 100 km (62 miles). During the live event, the automaker demonstrated that the P7+’s interior can hold 33 20-inch suitcases, hailing it as the largest cargo space (2,221 total liters) of any vehicle in its class under RMB 300,000 ($42,370).
In terms of pure vision, XPeng shared more details of the new approach to ADAS and self-driving, calling its technology “Eagle Eye.” The automaker relayed that its camera sensors collect visual information more accurately and clearly than traditional cameras and can scope out an area as large as 1.8 football fields. XPeng also stated that its Eagle Eye advanced cameras are limited by city or road conditions and have “door-to-door” and “parking space-to-parking space” intelligent driving capabilities.
XPeng said the P7+ will utilize AI across several of its core systems, including ADAS and smart driving, power usage, energy control, and thermal management. The automaker hasn’t shared official pricing for the sedan’s variants yet but mentioned the RMB 300,000 price point several times during the event.
We expect to see official pricing in November when XPeng plans to launch the P7+ in China, followed by initial deliveries shortly thereafter. Pre-sales will begin during the Paris Auto Show on October 14, 2024.
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Locals call him the “Bicycle hero,” but Texas man Evan Wayne says he’s just doing what he can to help his community after it was cut off due to the recent devastating and deadly flooding tragedy.
When the local Sandy Creek flooded following torrential rains in Texas, it destroyed the only bridge into one community. Residents were cut off from access to supplies, including everything from necessities like food, water, and medicine to basic comforts.
Although the bridge was impassable to cars, volunteers who quickly organized to help the stranded residents found that the damaged bridge could still be traversed on foot. Or in the case of Evan Wayne, it could be covered by an electric bike.
Evan joined hundreds of volunteers who answered the call of grassroots organizers by working together without any official capacity. While many started by hand-pulling garden carts of supplies uphill to reach the stricken community, Evan jury-rigged a trailer to an e-bike and took on as much of the load as he could, helping shuttle much-needed food and gear into the community over hundreds of round-trip journeys.
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“This was a dog trailer 48 hours ago. I had a hacksaw, hacked the top off, grabbed some bungee cords, and here we are,” explained Evan in an interview with CBS Austin, while waiting for the next load of gear to be stacked on his trailer.
In the first two days of the operation, he made around 100 round trips each day, shuttling food and water as well as critical rescue supplies. “Right now, I’m waiting on a couple of chainsaws that I’ll bring in for a crew that’s been going at it with handsaws so far.”
In addition to delivering needed supplies, Evan has often found himself moving something even more important: information. “I’ve flagged down medics. I’ve been the guy that goes between Austin EMT and STAR Flight because I’m quicker than cell phones sometimes, people don’t have signal a lot of the time.”
Evan quickly points out that he isn’t the only one helping. “I’ve got an e-bike, but other people are pulling carts. People are walking, people are carrying things. Everyone is doing what they can.” But there’s no doubt that his ability to carry more gear at higher speeds and make hundreds of round-trip journeys so far in and out of the stricken neighborhood has helped impact countless lives.
“This is all volunteers here. They’re just taking it upon themselves to get people where they need to go. I think there’s an umbrella company coming in, taking over tomorrow, but until they get here, people are just taking care of people, which is what you’ve got to do.”
E-bikes proving their worth in emergencies
While many people consider electric bicycles just another form of recreation, they’ve proven to be potent transportation alternatives after natural disasters worldwide.
Not only do their small and efficient batteries make performing hundreds of rescue trips like Evans’ possible, but recharging can be done simply and easily with a solar panel when electricity is out after a disaster. And when gas stations are out of fuel (or simply can’t pump it with the power grid down), e-bikes can keep running while gasoline-powered motorcycles or ATVs run dry.
Electric bicycle batteries have also proven to be a handy source of emergency power after hurricanes and other disasters, often helping owners keep their phones charged up for days to remain in contact with family or rescue services.
While most hope to never need theirs for emergency purposes, electric bicycles have proven their worth in countless disaster scenarios, adding benefits far beyond just alternative transportation, recreation, or fitness riding.
E-bikes can be kept running nearly indefinitely after natural disasters with access to solar recharging equipment
Image credits: CBS Austin (screenshots), used under fair use
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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.
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.
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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.”
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