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Tesla rival Xpeng to roll out first electric car next month

Nov 16, 2018 by The Passage Team
Tesla rival  Xpeng to roll out first electric car next month

Xpeng Motors, the electric car start-up backed by Alibaba Group Holding, said it will roll out its first mass-produced model next month as more Chinese firms step up to challenge US giant.

The move comes 17 months after the Guangzhou-based carmaker received its safety certification from the industry watchdog and 10 months since it unveiled the electric car model at the CES show in Las Vegas.

“It’s a challenge for any new EV manufacturer to ramp up production and meet delivery targets,” Xpeng chairman and chief executive He Xiaopeng said on the sidelines of the Guangzhou auto show on Friday, adding that quality has been the priority over speed to market.

Source: South China Morning Post

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