Automakers

Xpeng follows Tesla with major price cuts on China EVs

Xpeng P7
Xpeng has cut its prices in China for models including the P7 sedan. (XPENG)
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By:
Bloomberg
January 17, 2023 10:39 AM

Xpeng has bowed to an intensifying price war in China’s electric-vehicle market, cutting sticker prices by as much as 13 percent after Tesla’s surprise cuts at the start of the year.

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