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The encyclopedia · Product & Design · Product decision · 2022-09

XPeng rewrote the G9's entire price list 48 hours after launch

XPeng launched its flagship G9 SUV with six baffling trims, got slammed by analysts, suspended orders and repriced it within 48 hours.

XPeng · 2022-09-23

What happened

XPeng launched the G9, its most expensive car, on 21 September 2022 at ¥309,900–469,900 across six versions named with codes like '570G' and '650X'. Features the marketing had led with — 4C ultra-fast charging, XNGP driver assistance, the Xopera cabin system — cost extra on the base trims.

Customers and analysts revolted. Deutsche Bank said XPeng management 'mishandled communication about options, trim packages and created some confusion among customers'; the pre-order count of nearly 23,000 was left unreported. On 23 September, 48 hours after launch, XPeng suspended ordering, replaced the code names with Plus/Pro/Max/Launch Edition trims, added two new versions and reshuffled prices so the headline features were bundled where buyers expected them.

The relaunch steadied the car but the momentum was gone: G9 deliveries were 184 in September and 623 in October, while XPeng's total October deliveries fell for a third straight month to 5,101 — half of rivals Nio and Li Auto — and its US-listed shares were down 87% year to date.

Why it happened

  • Marketing promised the technology, the base trims didn't include it, and the option pricing made the headline car look like a bait-and-switch — the launch read as a sales trap.
  • The letter-code trim system (570G, 650X…) told buyers nothing about what was inside, so comparing configurations required a spreadsheet and the analyst team's attention.
  • XPeng launched a flagship meant to lift margins without checking that customers could understand what they were buying — the 48-hour reversal admitted the error in public.
What it cost48h relaunch; 623 G9s in first monthembarrassing

The lesson

XPeng's flagship launch collapsed in 48 hours because the features in the ads were options on the base car and the trims were unreadable codes. A flagship is only worth what customers can understand.

Aftermath

The revised G9 lineup went on sale and deliveries began on 27 October 2022, but the launch chaos left XPeng entering the winter price war with its most important product already publicly embarrassed; XPeng's 2022 deliveries trailed Nio and Li Auto for the rest of the year as the company restructured its lineup around the G6 and X9.

Sources

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    Somewhere, someone solved the problem this company failed at. 2nd Opinion →