XPENG(US:XPEV) Xin Lang Cai Jing·2026-01-09 10:36Core Insights - Xiaopeng Motors has officially entered a dual technology path of "pure electric + range extender" with the launch of multiple new models and technology updates at its 2026 Spring Product Launch, including the 2026 P7+, G7, G6, and G9 [1][2] Product Launch and Pricing - The 2026 P7+ and G7 are available in both pure electric and range extender versions, with starting prices of 186,800 RMB and 195,800 RMB respectively; the G6 starts at 176,800 RMB, and the G9 starts at 248,800 RMB [1] - The P7+ range extender version has a CLTC pure electric range of 430 km and a comprehensive range of 1,550 km, while the G7's comprehensive range reaches 1,704 km [8][10] Technological Advancements - Xiaopeng has introduced the second-generation VLA model, which eliminates the "language translation" step, allowing direct generation of control commands from visual signals, enhancing the system's ability to handle complex scenarios [2][3] - The second-generation VLA is trained on approximately 100 million real road videos, equating to thousands of years of human driving experience, and operates with a maximum computing power of 2,250 TOPS [2][3] Market Strategy and Global Expansion - Xiaopeng's "super range extender" strategy aims to expand the market reach, with the X9 super range extender achieving a record delivery of 5,424 units in December [8][12] - The company has reported a 126% year-on-year increase in global deliveries, totaling 429,400 units in 2025, and has entered 60 countries, establishing a presence in multiple European markets [12] Localization and Charging Infrastructure - Xiaopeng is focusing on local R&D and production, with nine global R&D centers and several overseas production projects underway, positioning the P7+ as the first "global car" [12] - The charging network has expanded to cover 31 countries and regions, with over 2.66 million public charging stations and a self-operated network in over 430 cities [12]