China's Xpeng cuts prices on some models starting Tuesday

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BEIJING : Chinese automaker Xpeng on Tuesday announced price cuts for some models in the country in a notice on its official WeChat account. The move came after automaker Seres Group cut starting prices for its Aito electric cars by 30,000 yuan ($4,440) last Friday, following earlier price cuts by Tesla

BEIJING : Chinese automaker Xpeng on Tuesday announced price cuts for some models in the country in a notice on its official WeChat account.

The move came after automaker Seres Group cut starting prices for its Aito electric cars by 30,000 yuan last Friday, following earlier price cuts by Tesla and fuelling expectations of a wider price war.

 

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