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

Xpeng Motors launches the P5 sedan at an event in Guangzhou, China on April 14, 2021. The P5 is Xpeng’s third production model and features so-called Lidar technology.
GUANGZHOU, China Chinese electric carmaker Xpeng Inc. has priced its new P5 sedan as…

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