Wired·4 min read·medium
XPeng’s New ‘Budget’ EV Looks Like the Ferrari Luce
J
Jeremy White
✦AI Summary
Chinese automaker XPeng is launching its new 'budget' electric vehicle, the L03, in 60 countries across Europe, Latin America, and Asia. The vehicle aims to compete with established models like the Volkswagen ID.4 by offering high-end features at a competitive price point.
It’s hard to believe that XPeng was founded just shy of 12 years ago. Yet by 2020 it was already shipping EVs to Norway, marking the start of the Chinese company’s European journey.
technologybusinesseconomy
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