Elon Musk Failed To Quash This Chinese Billionaire's Tesla Rival-- Now It's Going Global March 7_V2

2024-03-07 27,511

Last year, He Xiaopeng survived a brutal price war started by Tesla. Now he's betting on international growth to fire up his EV brand, Xpeng.

Chinese automaker Xpeng isn’t a giant in the country’s fiercely competitive EV market, yet it has sky-high ambition—literally. At January's seminal CES tech trade show in Las Vegas, a company subsidiary displayed a model of a planned flying car and said it would begin deliveries in China toward the end of 2025.

Read the full story on Forbes: https://www.forbes.com/sites/ywang/2024/03/04/elon-musk-failed-to-quash-this-chinese-billionaires-tesla-rival---now-its-going-global/?sh=3093fb8154fa

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