July 19, 2021

YOUR NEXT CAR WILL BE A VOLT:

Chinese electric carmaker Xpeng prices its new sedan at $24,700 undercutting Tesla (Arjun Kharpal, 7/19/21, CNBC)

Chinese electric carmaker Xpeng Inc. has priced its new P5 sedan as low as 160,000 yuan ($24,694) days after Tesla launched a cheaper version of its Model Y sports utility vehicle

The aggressive pricing from Xpeng comes as China's electric vehicle market continues to heat up with an increasing number of players.

Posted by at July 19, 2021 12:00 AM

  

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