Chinese Tesla Model S rival unveiled in Australia: 2026 XPeng P7+ electric sedan a chance for Australia to bring the fight to the BMW i5 and Mercedes-Benz EQE but for the price of a 2025 BYD Seal or Tesla Model 3

China’s XPeng has unveiled a new flagship electric sedan at this year’s Melbourne International EV Show and it could potentially launch in Australia.

This is the first time the XPeng P7+ has been unveiled outside of China and Europe.

Not to be confused with the XPeng P7, which has recently been revealed in second-generation guise, the P7+ is more of a long-range EV, rather than a high-performance one.

Based on the same SEPA 2.0 platform as the XPeng G6 electric mid-size SUV, the P7+ is powered by a single rear-mounted electric motor that produces 230kW of power and 450Nm of torque.

XPeng claims the P7+ is capable of doing the 0-100km/h sprint in 5.9 seconds.

This rear-mounted electric motor is fed by a 74.9kWh lithium iron phosphate (LFP) battery, with a claimed range of up to 685km, according to lenient CLTC testing.

The Chinese company claims the P7+ has an energy efficiency of 10kWh/100km, which exceeds what the Tesla Model 3 can achieve (13.4kWh/100km).

The XPeng P7+ measures in at 5056mm long, 1937mm wide and 1512mm tall with a 3000mm wheelbase. This is around the same size as the BMW i5.

Speaking with CarsGuide at the Melbourne International EV Show, Jason Clarke, CEO of XPeng local distributor, TrueEV, said the company is currently working on a business case to bring the P7+ to Australia.

“Do we think that this should be in Australia?” said Mr Clarke.

“So it’s a large executive sedan. Personally, I like them.

“I miss the [Tesla] Model S. What a great vehicle, but it’s not here [anymore].

“I think there’s space in the Australian market [for the P7+].

“How many units? Whether the cost of getting it in right-hand drive is going to have XPeng HQ get their money back? Don’t know. That’s what we have to prove.”

If the XPeng P7+ is eventually offered in Australia, Mr Clarke indicated the starting price would likely be under the Luxury Car Tax (LCT) threshold. This is currently $91,387 for “fuel-efficient vehicles”, like EVs.

In China, this car starts at 186,800 RMB (~A$39,750) and extends to 208,800 RMB (~A$44,450).

This massively undercuts any similarly sized rival like the Mercedes-Benz EQE and BMW i5. It puts the pricing on par with smaller offerings like the BYD Seal and Tesla Model 3.

“Everything you see here, will it sell in Australia? Yeah, of course,” said Mr Clarke.

“But what volume can be maintained? Because if we can make sales, then it’s the service, the parts and all the infrastructure that we have to get in a very large country. A lot of locations, it becomes pretty intensive.”

In addition to the P7+, XPeng is currently creating a business case to see whether to bring the Tesla Model 3-sized Mona MO3 electric sedan to Australia.

At XPeng’s stand at the 2025 Melbourne International EV Show the P7+ is sitting in prime position. It’s also displaying the G6 electric mid-size SUV, as well as the G9 large electric SUV and the X9 electric people mover.

The X9 is set to launch locally either late 2025 or early 2026, while the G9 is set to launch locally around mid-2026.

While the XPeng G6 has been on sale in Australia for almost 12 months now, it’s soon set to get an update. This is set to arrive in early 2026.