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Elon Musk Failed To Quash This Chinese Billionaire's Tesla Rival-- Now It's Going Global

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March 7, 2024

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Last year, He Xiaopeng survived a brutal price war started by Tesla. Now he's betting on international growth to fire up his EV brand, Xpeng.

Chinese automaker Xpeng isn’t a giant in the country’s fiercely competitive EV market, yet it has sky-high ambition—literally. At January's seminal CES tech trade show in Las Vegas, a company subsidiary displayed a model of a planned flying car and said it would begin deliveries in China toward the end of 2025.

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Elon Musk Failed To Quash This Chinese Billionaire's Tesla Rival-- Now It's Going Global · Forbes · Sentinel