17 Mar Premium Chinese EV maker Xpeng eyes slice of mass-market segment with launch of cheaper models to take on bigger rival BYD
Posted at 05:00h
in Asia
Chinese premium electric-vehicle (EV) maker Xpeng plans to launch a mass-market brand in a month to challenge market leader BYD amid an escalating price war.Models under this new brand will be fitted with autonomous driving systems and will be priced between 100,000 yuan (US$13,897) and...