XPeng announced the launch of two new variants of its flagship sedan, the P7i. These new versions, named the P7i 550 Pro and P7i 550 Max, come with a significant reduction in asking price enabled by new battery chemistry. XPeng’s new P7i come with lithium iron phosphate (LFP) battery packs. Cheaper than traditional lithium-ion ternary battery packs, yet still offer decent density and reliable performance. This allowed Xpeng to lower the starting price of the P7i by RMB 26,000 (approximately €3,400). The P7i 550 Pro now starts at RMB 223,900, and the P7i 550 Max at RMB 239,900. The… More…