This Chinese $30K Tesla Model 3 Rival Secured 10,000 Orders In Seven Minutes
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Xpeng Inc.'s P7 all-electric sedan, priced at approximately $30,730, secured over 10,000 orders within seven minutes of its launch in China. The P7 offers two battery options with ranges of 436 miles and 510 miles, and comes in four trim levels. Additionally, Xpeng announced a software update for its Human-Machine Co-Driving system. This launch coincides with Tesla's introduction of new models in China, including the Model Y L and Model 3+.
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