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Xpeng claims China is close to making a Tesla Model Y beater – but my experience suggests it'll fall short for two big reasons

News Snapshot:

Xpeng says China will soon produce a product to beat the Tesla Model YCo-founder He Xiaopeng says the company isn't far from beating TeslaTech-focused company wants to compete with premium European playersDuring the launch of Xpeng's upcoming L03 EV in Munich this week, the company's first simultaneous vehicle unveiling in Europe and China, founder He Xiaopeng said that he believed the marque was "not far from beating Model Y," according to the Financial Times.Not one to shy away from Tesla comparisons, Xpeng has always strived to be seen as more technology-focused than many of its closest Chinese rivals, with humanoid…

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