Get 40% Off
💰 Buffett reveals a $6.7B stake in Chubb. Copy the full portfolio for FREE with InvestingPro’s Stock Ideas toolCopy Portfolios

XPeng G9 SUV earns 5-star safety rating from Euro NCAP

Published 12/06/2023, 11:38 AM
Updated 12/06/2023, 11:40 AM
© Reuters.  XPeng (XPEV) G9 SUV earns 5-star safety rating from Euro NCAP
XPEV
-

Chinese electric vehicle maker, XPeng Motors (NYSE:XPEV) announced Wednesday that the international model of their XPeng G9 SUV has received a five-star 2023 safety rating from Euro NCAP.

The five-star safety rating system by Euro NCAP is designed to assist consumers, families, and businesses in easily comparing vehicles and selecting the safest option suited to their requirements. These tests, mirroring real-life road dangers, set the benchmark in Europe for thorough automotive safety evaluations.

The XPeng G9's rating acknowledges its advanced body structure and extensive passive safety features, specifically engineered to safeguard passengers during collisions. These innovations collaborate to handle crash forces, diminish impact acceleration, and decrease the likelihood of injuries to occupants.

This achievement follows XPeng's five-star safety rating for the international model of the XPeng P7 in October, marking their second five-star rating this year.

"Receiving a five-star rating from Euro NCAP for both the P7 and now the G9 is testament to the quality of our vehicles, especially given the 2023 test's even higher standards.” Said XPeng Co-President, Brian Gu.

Shares of XPEV are up 4.26% in mid-day trading on Wednesday.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.