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<Research>CLSA: XPENG-W G7 Launch Critical; TP Kept at $106
XPENG-W (09868.HK)(XPEV.US) launched its BEV SUV G7 with a starting price of RMB195,800, aligning with market expectations, according to a CLSA research report. Among which, the hi...
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<Research>CLSA: XPENG-W G7 Launch Critical; TP Kept at $106
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XPENG-W (09868.HK)  +1.850 (+2.677%)    Short selling $448.95M; Ratio 24.882%   (XPEV.US)      launched its BEV SUV G7 with a starting price of RMB195,800, aligning with market expectations, according to a CLSA research report. Among which, the high-end Ultra version is the first car equipped with XPeng’s in-house Turin chip.

The broker viewed the G7 launch as completing XPeng’s SUV portfolio alongside the G6 and G9, projecting monthly sales for the series to reach 13,000-17,000 units. CLSA maintained a target price of HKD106 and an Outperform rating on XPENG-W.

Related NewsCiti: XPENG-W (09868.HK) G7 Pricing In Line
XPeng’s G7 was launched a week after XIAOMI-W (01810.HK)  -0.200 (-0.348%)    Short selling $491.91M; Ratio 10.632%   's YU7, the report mentioned. While the G7 secured 10,000 orders within 9 minutes of its launch, compared to YU7’s over 200,000 orders in 3 minutes, CLSA highlighted that YU7, as Xiaomi’s first SUV, emphasized driving performance and trendy design with a starting price of RMB253,000; in contrast, the G7 focuses on intelligent driving and affordability.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-07 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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