XPeng to Launch New Car Next Year to Rival Tesla’s Model Y

(Source: Xpeng)

During a telephone conference following the release of its second-quarter financial report on August 23, XPeng Motors said that it would speed up the pace of new product launches within a price range of 150,000 yuan to 500,000 yuan ($21,850 – $72,838). The Chinese EV maker will launch a B-class car and a C-class car to be matched against …