--- title: "He Xiaopeng on price wars: Don't compete on price, compete on technology, and move out of China to go global" description: "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 int" type: "news" locale: "en" url: "https://longbridge.com/en/news/242219021.md" published_at: "2025-05-28T13:01:02.000Z" --- # 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 yet and may become even more fierce 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 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 ### Related Stocks - [XPEV.US - XPeng](https://longbridge.com/en/quote/XPEV.US.md) - [09868.HK - XPENG-W](https://longbridge.com/en/quote/09868.HK.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Xpeng secures L3 autonomous driving road test permits in Guangzhou | Xpeng has secured L3 autonomous driving road test permits in Guangzhou, marking a significant regulatory update in China | [Link](https://longbridge.com/en/news/269821815.md) | | XPEV Earnings: XPeng Stock Falls Despite Narrower Q3 Loss and Solid Margins. Here's Why | XPeng (XPEV) reported a narrower Q3 loss and improved margins, with revenue up 101.8% year-over-year. Despite this, XPEV | [Link](https://longbridge.com/en/news/266175267.md) | | Xpeng reveals GX as new flagship SUV | Xpeng, a Chinese EV maker, is set to launch its new flagship six-seater SUV, the GX, in China. The model will be availab | [Link](https://longbridge.com/en/news/276145922.md) | | What Are Wall Street Analysts’ Target Price for Cummins Stock? | What Are Wall Street Analysts’ Target Price for Cummins Stock? | [Link](https://longbridge.com/en/news/276106776.md) | | /C O R R E C T I O N -- Synchrony/ \| SYF Stock News | Synchrony's recent survey reveals that drivers underestimate the annual cost of car ownership by over $4,500, with gas a | [Link](https://longbridge.com/en/news/276162687.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.