Enhanced Investments - Financial Portal

XPENG P7 Receives Silver Nomination in L&B Home’s Premium Electric Car of the Year 2023/24

Published: 2023-11-03 11:30:00 ET

AMSTERDAM, The Netherlands, Nov. 03, 2023 (GLOBE NEWSWIRE) -- XPENG Motors (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today shared the news that the international version of its all-electric sports sedan, XPENG P7, has received a Silver Nomination in Lyd & Billede Home's Premium Electrical Car of the Year category for 2023/24.

The new XPENG P7 has impressed Europe since its release and, on October 25, received a five-star safety rating in the 2023 Euro NCAP test thanks to its impressive body structure and comprehensive XPILOT Safety features.

Lyd & Billede Home is the most significant media player in the Nordics in the consumer electronics reviews space. L&B Home tests around 475–500 consumer products annually, including electric vehicles, where XPENG P7 has been recognized in the premium category. Among the six finalists, XPENG P7 was chosen for the Silver Nomination based on its overall quality.

L&B Home commented, "XPENG P7 is a serious luxury alternative(..). While it doesn't have any trump cards up its sleeve when it comes to battery or software, it keeps up with the times and adds plenty of classic luxury in the cabin and high levels of comfort on the road."

Brian Gu, Vice Chairman and Co-President of XPENG, noted, “This nomination marks another milestone on our journey in Europe after starting XPENG P7 deliveries just a few months ago. We are very grateful for the recognition and will continuously strive to deliver people-first mobility experiences with new levels of sophistication to our local customers—we want to be the electric vehicle brand of choice for many European drivers."

[XPENG P7 Wing Edition exterior]

[P7 interior]

About XPENG

XPENG is a global smart electric vehicle company founded in 2014 in Guangzhou, China, developing clean, intuitive, and creative mobility solutions. With industry-leading R&D facilities, XPENG is bringing vehicles with superior safety, electric efficiency, and on-road performance to markets across the globe. The company is constantly working to advance its core technology offering, including autonomous driving capabilities, SEPA 2.0, and captivating in-car infotainment systems. XPENG has headquarters in Guangzhou and Amsterdam, with additional offices in Beijing, Shanghai, and Silicon Valley.

Visit heyxpeng.com for more information.

Contacts

For Media Enquiries: pr@xiaopeng.com

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/132146b4-d48d-42d8-b451-61e6db50feac

https://www.globenewswire.com/NewsRoom/AttachmentNg/2bc3d157-3511-437e-bcb3-6d91ebf5fdbc

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

Important disclosures

Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.

Nothing on this website should be considered an offer, solicitation of an offer, or advice to buy or sell securities.
Past performance is no guarantee of future results. Any historical returns, expected returns [or probability projections] are hypothetical in nature and may not reflect actual future performance.
All the strategies assume investments in equity invstrumenta only and are more relevant for "agressive investment profile". Eastern European flagship strategy assumes using up to 20% leverage of total portfolio. GlobalCommodities and US Growth strategy currently assume no leverage.
Results for the Enhanced Investments strategies as compared to the performance of Illustrative Benchmarks is for informational purposes only. Our investment program does not mirror that of the Illustrative Benchmarks and the volatility may be materially different from the volatility of Illustrative Benchmarks. Reference or comparison to an Illustrative Benchmark does not imply that strategies of Enhanced Investments will be constructed in the same way as the Illustrative Benchmark or achieve returns, volatility, or other results similar to those of the Illustrative Benchmark. The S&P 500 is an unmanaged market capitalization-weighted index of 500 common stocks chosen for market size, liquidity, and industry group representation to represent U.S. equity performance.
Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.