The Chinese electric-vehicle maker Xpeng Inc, has started entering the European auto market with an initial batch of deliveries to Norway. The company has begun handing over the first 100 of its G3 sport utility vehicles to customers in the country where EVs have seized a dominant market share. The model starts from 358,000 krone ($41,000).
In an interview, President and Vice Chairman Brian Gu said That the Guangzhou-based company will enter more nations in Europe but will spend the next 12 months deciding where to go next and laying the groundwork for sales. He said, “In the long run, if you want to be a successful EV company, you have to be a global one. We’re starting the effort to build our presence, doing limited testing in certain markets and treating this as a very long-term strategy."
According to the report, 80% of new auto sales in Norway in November were plugin vehicles, and 56% of the new sales were full electrics. This is by far the most mature market in the world for electric vehicles, so it’s a natural place for Xpeng to begin its foreign sales. Talkin about the price of G3, pricing in Norway starts at 358,000 NOK ($41,000 USD). That would be the version with a 50.5 kWh battery pack, providing 401 kilometers (250 miles) of range according to the NEDC rating system, or perhaps somewhere around 300 km (186 miles) in the real world.
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