XPENG (NASDAQ:XPEV) solidified its position as a frontrunner in the global electric vehicle race on Monday, unveiling its 2026 flagship P7+ and a suite of "Physical AI" milestones that signal a decisive shift toward autonomous mobility.
The 2026 P7+ marks a pivotal moment for the Guangzhou-based automaker, debuting as a truly global product destined for 36 countries.
For the first time, the model features a dual-powertrain strategy, offering both an 800V battery-electric (BEV) version and a world-leading extended-range electric vehicle (EREV) variant capable of a 1,550 km mixed range.
The launch was punctuated by a production milestone as the 100,000th P7+ rolled off the Guangzhou assembly line on January 9, just 14 months after the model’s initial debut.
Meanwhile, XPENG’s "In Europe, For Europe" strategy reached a fever pitch as the company confirmed the completion of trial production for the P7+ at Magna Steyr’s plant in Graz, Austria.
This localized assembly is designed to bypass rising EU trade barriers and underscores a massive year of growth.
For the full year 2025, XPENG delivered a record 429,445 vehicles worldwide, representing a 126% increase from 2024.
Overseas deliveries reached 45,008 units, up 96% year-over-year, while European deliveries surged 126% to 22,787 vehicles, reflecting strong momentum in key export markets.