XPeng Launches X9 Production in Graz, Targeting Volkswagen Market Share
What happened
XPeng has launched production of its X9 electric vehicle in Graz, Austria. The production is carried out by Magna Steyr. The company aims to use the X9 to gain market share by setting a new benchmark for premium mobility in the segment.
From autoexpress.co.uk
Why it matters
The X9 enters the premium MPV market as a direct competitor to established leaders like Volkswagen and Mercedes. The vehicle is available for viewing with starting prices of £74,900 for the Standard Range and £79,900 for the Long Range.
XPeng plans growth and has launched its X9 electric vehicle in Europe, beginning with Norway.
From autoexpress.co.uk
Who's involved
- XPengChinese company launching the X9 premium electric vehicle.
- Magna SteyrManufacturer responsible for the production of the X9 model.
- Volkswagen GroupGerman conglomerate whose market dominance is being challenged by the new competitor.
- GrazAustrian city utilized as the production base for the X9.
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The entities involved
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XPeng
Chinese automobile manufacturer
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Magna Steyr
automobile manufacturer
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Volkswagen Group
German automotive manufacturing conglomerate
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Graz
capital of Styria, Austria