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home / articles / TECH - Will Xpeng's X9 Disrupt EV Industry? Co-Chairman Thinks It Will Be A 'Game Changer' | Benzinga


TECH - Will Xpeng's X9 Disrupt EV Industry? Co-Chairman Thinks It Will Be A 'Game Changer' | Benzinga

Brian Gu, Vice Chairman and Co-president of Chinese electric vehicle (EV) giant XPeng Inc. (NYSE:XPEV), expressed his optimism with the newly launched X9 model, touting it as a potential “game-changer” for the industry.

What Happened: As CNBC reported, the X9, an EV with seven seats, was launched on Jan. 1, employing the SEPA2.0 architecture for the Chinese market. The vehicle is priced between 359,800 yuan ($50,360) and 419,800 yuan ($58,760), with deliveries commencing immediately.

“For X9, we actually anticipate this to be a game-changer for the battery electric vehicles segment for MPVs (multi-purpose vehicles),” Gu said in an exclusive interview with CNBC.

He added, “We believe this could be the top seller in its category … because I think it has some very innovative technology and design as well as superior handling, industry-leading smart driving technology – packed into a very beautifully designed product.”

Full story available on Benzinga.com

Stock Information

Company Name: Bio-Techne Corp
Stock Symbol: TECH
Market: NASDAQ
Website: bio-techne.com

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