Xpeng cars on display at the Chengdu Motor Show 2022 in southwest China’s Sichuan province. Photo: Xinhua
Xpeng cars on display at the Chengdu Motor Show 2022 in southwest China’s Sichuan province. Photo: Xinhua

Tesla challenger Xpeng sparks all-out price war in China’s cutthroat premium electric car sector with steep discounts

  • The Chinese carmaker slashed the prices of its P5 and P7 saloons, and its G3i SUV, by 10 to 13 per cent, having cut production costs
  • ‘A price war in the premium EV segment looks inevitable now that Tesla and Xpeng have massively slashed prices,’ marketing expert says

Xpeng cars on display at the Chengdu Motor Show 2022 in southwest China’s Sichuan province. Photo: Xinhua
Xpeng cars on display at the Chengdu Motor Show 2022 in southwest China’s Sichuan province. Photo: Xinhua
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