On the evening of November 7th, Xiaopeng Motors (XPEV, stock price of $13.732, market value of $13.02 billion) held a press conference and officially launched Xiaopeng P7+. The entire series of this model adopts single motor rear wheel drive and is equipped with 60.7 kWh and 76.3 kWh lithium iron phosphate battery packs. The CLTC range can reach up to 725 kilometers, and the price ranges from 186800 to 218800 yuan.