No one will miss it: Tesla has sharply reduced the prices of electric cars. The manufacturer hopes, p this is the solutionto increase its sales in Europe as well as in rest the world

But it is also there consequences on the market. Indeed, other manufacturers have also decided lower Price List their catalog.

A discount of 5,000 euros

The Chinese manufacturer Xpeng has actually decided to downsize 5000 euros the price of their vehicles. Thus, it includes P7namely electric sedan from brand In China, this means a price of less than 30,000 euros.

For people who bought car before this price drop, Xpeng found a solution: a suggestion package now free long.

A logical solution

But why such a solution? This was explained by the spokesperson of Xpeng mass media:

Same story with VinFast

If you want to use this drop prices, we will have to move quickly. In effect, Chinese manufacturer count well to improve prices as soon as the market will offer this.

Xpeng just wishes to layer on their direct competitors. Same story with VinFast, which is also falling prices depending on the market.

“We’re a new brand, so when others cut prices, we do the same. Soon we will present various promotions” reported one man from a Vietnamese brand.

XPeng G7 Prototype on Public Charger in China…@XPengMotors#Xpeng pic.twitter.com/hnFoqoW2q7

— Greg Kable (@GregKable) January 18, 2023