CoinsValue.net logo CoinsValue.net logo
Cryptopolitan 2025-09-12 20:45:06

Xpeng recalls 47,490 P7+ sedans, affecting over 70% of owners due to steering defects

The Chinese automaker Xpeng Inc. has recalled over 47,000 units of its popular P7+ sedan. The recall dealt another blow to the Chinese EV market as a leading brand had to recall one of its most popular models due to concerns over safety risk. The issue involves a flaw in the sensor wiring harness. The affected cars, which include some of those produced between August 20 last year and April 27 this year, may display a steering fault warning indicator light before experiencing a steering failure. Xpeng has committed to replacing the faulty parts free of charge for owners. Xpeng has recalled its flagship model The Chinese electric vehicle maker Xpeng Inc. had to issue a recall of 47,490 units of its P7+ sedan, affecting at least 70% of its customers who bought the model. The recall is due to a steering fault that poses safety risks, according to a statement from China’s State Administration for Market Regulation (SAMR) that was released Friday. The P7+ sedan was launched late last year and quickly became one of Xpeng’s most popular models, selling 67,000 units. China’s price competition Earlier this year, regulators moved to rein in the industry’s price war , which has been raging for several years as automakers compete for market share in the world’s largest EV market. Even established players like BYD and Tesla, as well as newer companies like Nio and Xpeng, have had to cut prices to attract buyers. While these discounts have boosted sales, they have also squeezed profit margins. In response, automakers have been pressuring their suppliers to lower costs. Industry analysts and regulators have warned that these conditions could affect the standards of materials and components used in production. Xpeng’s incident may lead to increased global scrutiny on China’s auto exports and domestic regulators pushing for stronger safety standards. China’s booming EV market provides buyers with lower prices and rapid technological innovation, but the sustainability of those advantages may depend on how well automakers can balance affordability with durability and safety. Join Bybit now and claim a $50 bonus in minutes

Leggi la dichiarazione di non responsabilità : Tutti i contenuti forniti nel nostro sito Web, i siti con collegamento ipertestuale, le applicazioni associate, i forum, i blog, gli account dei social media e altre piattaforme ("Sito") sono solo per le vostre informazioni generali, procurati da fonti di terze parti. Non rilasciamo alcuna garanzia di alcun tipo in relazione al nostro contenuto, incluso ma non limitato a accuratezza e aggiornamento. Nessuna parte del contenuto che forniamo costituisce consulenza finanziaria, consulenza legale o qualsiasi altra forma di consulenza intesa per la vostra specifica dipendenza per qualsiasi scopo. Qualsiasi uso o affidamento sui nostri contenuti è esclusivamente a proprio rischio e discrezione. Devi condurre la tua ricerca, rivedere, analizzare e verificare i nostri contenuti prima di fare affidamento su di essi. Il trading è un'attività altamente rischiosa che può portare a perdite importanti, pertanto si prega di consultare il proprio consulente finanziario prima di prendere qualsiasi decisione. Nessun contenuto sul nostro sito è pensato per essere una sollecitazione o un'offerta