China EV Daily (Sep 25): Huawei sets release dates, Xpeng launches P5, Nio denies funding rumors

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[Huawei] On September 25, Huawei’s executive director, Richard Yu, unveiled new developments about the Luxeed S7 and the AITO M9 at Huawei’s Autumn Full-Scene New Product Launch Conference. The Luxeed S7 is set to launch in late November, aiming to surpass the Model S in all specifications, while the AITO M9, claiming to be the best SUV under 10 million, is scheduled for a December release. — Whip Bull Master

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[Xpeng] Xpeng Motors introduced the 2024 Xpeng P5 on September 25. Available in 500Plus and 500Pro versions, they are priced at 156,900 yuan (21,500 USD) and 174,900 yuan (23,900 USD). Orders placed before October 31 will be eligible for benefits such as an 8,000 yuan (1,100 USD) discount or 24 periods of 0% interest, along with a 3,000 yuan (400 USD) optional fund, among other purchasing benefits. —

[Tank] The Tank 400 Hi4-T was launched on September 25, with models ranging between 279,800 yuan (38,300 USD) and 289,800 yuan (39,700 USD). Positioned as a medium-to-large SUV, it features a non-load-bearing body and is equipped with a 2.0T+P2 motor+9HAT plug-in hybrid combination. — IT Home

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Tank 400 Hi4-T

[Nio] Reports on September 25 suggested that Nio is considering raising 3 billion USD from investors due to expanding losses, with the financing potentially occurring in the first half of next year. However, Nio has denied these claims, stating that the reports are untrue. — First Financial

[Wuling] The Wuling Bingo 410km range version was launched on September 25, priced at 88,800 yuan (12,200 USD). This new model features a larger battery pack, achieving a CLTC pure electric range of 410km, and is available in three new colors. — Pacific Auto

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