Overview
- The recall covers P7+ vehicles built from August 20, 2024 through April 27, 2025, according to a filing with China’s State Administration for Market Regulation.
- Regulators cite poor contact in the steering-assist motor sensor wiring that can trigger a steering-fault warning and disable power steering assist, creating a safety risk.
- The action affects 65.9% of P7+ cars delivered since launch, or 47,490 of 72,024 units handed over since November 2024.
- Repairs begin September 15 across China with steering assemblies replaced at no cost to owners.
- Morgan Stanley said the impact should be manageable and maintained an Overweight rating with a $28 price target, while XPeng raised the P7+ NGP speed limit to 130 km/h and said the model will reach Europe soon.