He Xiaopeng on price wars: Don't compete on price, compete on technology, and move out of China to go global
At today's XPeng MONA trendy party and M03 Max new car launch event, XPeng Motors Chairman and CEO He Xiaopeng mentioned the topic of price wars, stating that the current price war is not the most intense, and it may become even more intense in the next five years. He emphasized three directions: do not compete on price, but on technology; expand beyond China and go global; and move towards new productive forces and embodied intelligence
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