China Auto News
Xpeng CEO He Xiaopeng claimed at the China Auto Bluebook Forum in June that a profitable smart vehicle can’t be less than 150 000 yuan ($23 000).
“It is impossible to make an intelligent car if it was priced lower than 150 thousand yuan because smart capabilities are always on track of progress,” Mr. He said.
Continue reading “Xpeng CEO: You can’t build a smart car under $23 000. Enovate: Hold my beer”
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