Xpeng will use Volkswagen’s investment for expansion in Europe

A few days ago we knew about the agreement between Volkswagen and Xpeng, which will mean a significant injection of capital into the Chinese manufacturer. A movement that has given Asians wings in the media aspect, and has also allowed them to reinforce their expansion strategy that includes the launch of their new models in Europe.

In total, Volkswagen will invest 700 million euros through this agreement, which will help them access the old Xpeng platforms, as well as its software and self-driving systems. Aspects in which the Germans have lagged despite the huge investment made so far.

Xpeng’s plans, which have already launched its P7 and G9 models in several European countries this year, contemplate a second half of 2023 that will mean doubling the company’s efforts to expand into foreign markets.

But the big move will come in 2024 when Xpeng brings its current main offering to Europe. The G6. A compact SUV with an attractive design and more than remarkable features has become the most popular model in the range.

A D-SUV endowed with a body of 4.75 meters long and a wheelbase of 2890 mm. A proposal that draws attention for its rounded and very modern design that allows you to enjoy an extremely competitive aerodynamic coefficient, 0.248Cd.

It has rear-wheel drive and all-wheel drive versions. The rear-wheel drive version has a maximum power of 218 kW and a maximum torque of 440 Nm and is associated with a 66 kWh LFP battery and a CLTC range of 580 kilometers.

Xpeng

For its part, the four-wheel drive version has a combined power of 358 kW and a torque of 660 Nm and is powered by an 87.5 kWh ternary lithium battery, which gives it a range of 755 km CLTC.

Both versions are based on an 800V architecture, which according to the manufacturer will allow you to access ultra-fast recharges that in 10 minutes will allow you to recover 300 km of range.

As for prices, the cheapest G6 starts at 209,900 yuan, or 26,639 euros to change, which allows it to be 20% below the Tesla Model Y Standard in that market. A model with 545 km CLTC.

It also remains to be seen how these prices are adapted to the European market after adding taxes, tariffs, and logistics costs. An Xpeng G6 that in Europe has as a reference the 46,490 euros that the Tesla Model Y Standard costs, the 53,400 euros of the Long Range Dual Motor, the 54,255 euros that the Volkswagen ID.5 Pro costs, or the 60,350 euros of the Audi Q4 e-tron.

Elenor Kling

A tech lover and generally a car enthusiast who likes to do a lot of research and share knowledge.

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