Chinese electric carmaker Xpeng prices its new sedan at $24,700 undercutting Tesla

CNBC2021-07-19

GUANGZHOU, China — 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 ...

Source Link
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Thomas388
    2021-07-20
    Thomas388
    Yes
  • SandraLim
    2021-07-19
    SandraLim
    I would like to try Xpeng car!
  • Sonson89
    2021-07-19
    Sonson89
    Oh dear
  • Frosty4ever
    2021-07-19
    Frosty4ever
    Can they make money? 
    • networm78: 
      Their losses are already narrowing significantly in a shorter time than it took for Tesla and NIO. XPeng has lots of cash. Making losses to invest in growth is not just expected, but necessary.
  • Bull_Horn
    2021-07-19
    Bull_Horn
    Potential 
  • jp1
    2021-07-19
    jp1
    [驚訝] 
Leave a comment
16