China Rival Xpeng Is Not Worried About Tesla

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  • Bloomberg Technology published this video item, entitled “China Rival Xpeng Is Not Worried About Tesla” – below is their description.

    Sep.28 — Tesla’s plans to build a 25-thousand-dollar car and its push into China aren’t worrying its biggest rivals on the mainland…just yet. EV maker Xpeng Motors says that Tesla is helping to accelerate the popularity of electric vehicles, which benefits all players. President Brian Gu told our Bloomberg Markets co-anchor Tom Mackenzie he sees strong growth ahead on the sideline of Beijing Auto Show.

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    In This Story: China

    China is the third largest country in the world by area and the largest country in the world by population. Properly known as the People’s Republic of China, the political territory of the country includes the former nations of Tibet and Hong Kong.

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