tech
Xpeng Says China Close to Building ‘Killer’ Rival to Tesla Model Y
Elon Musk’s SUV Remains Top-Selling Electric Vehicle in Many Parts of the World as Well as Second Most Popular in China
TL;DR
- Xpeng aims to produce a 'killer' electric vehicle that will beat Tesla's Model Y.
- The new Xpeng L03 electric SUV is priced at €35,600, undercutting Tesla's Model Y.
- Xpeng is seeking to expand into the European premium car segment with advanced software and autonomous technology.
- The company plans to launch its second-generation Vision-Language-Action (VLA) software in Europe from 2027, competing with Tesla's FSD.
- Xpeng is in talks with Volkswagen and other carmakers to establish a second manufacturing facility in Europe, potentially in Germany.