EV prices in UK and EU not likely to dive due to Chinese rivalry, says Xpeng boss (opens original article in a new tab)

Xpeng's vice-chair states that EV prices in the UK and EU are unlikely to drop significantly despite increased Chinese competition, as Chinese manufacturers focus on quality over price wars in these markets.

• Xpeng's vice-chair says EV prices in UK and EU won't drop sharply due to Chinese competition
• Chinese EV makers focus on quality over price in Europe compared to China's price wars
• Xpeng aims to differentiate with tech features like autonomous driving and plans robotaxi rollout in Europe