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Chinese competitor pushed Tesla: Business: Economy: Lenta.ru

November 21, 2021
Source: newsy-today.com newsy-today.com
News Snapshot:
Chinese electric vehicle maker XPeng, a competitor to Tesla, has unveiled its new SUV for the international market and ousted the electric vehicle giant, CNBC reported. The new G9 SUV is the fourth production model of XPeng’s electric vehicles. Rival Tesla plans to launch the car in China in the third quarter of 2022. In doing so, the company also aims to capture the international market. “The G9 is the first model that has been conceived and developed for both the international and Chinese market,” said XPeng co-founder Henry Xia. The G9 electric car will be the first XPeng model...
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Tags: autopilot | Business | car | China | Chinese | CNBC | development | Economy | electric car | electric vehicle | environment | European | Founder | G3 | Giant | international | IT | motor | Norway | production | sales | subsidiary | Tesla | Three | Xpeng

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