Autos

Xpeng Motors launches P5 Lidar electric car to rival Tesla in China

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Xpeng Motors launches the P5 sedan at an event in Guangzhou, China on April 14, 2021. The P5 is Xpeng’s third production model and features so-called Lidar technology.

Arjun Kharpal | CNBC

GUANGZHOU, China — Chinese electric vehicle maker Xpeng Motors launched the P5 on Wednesday, a sedan with new self-driving features, as it looks to race ahead in China’s ultra-competitive auto market.

The P5, Xpeng’s third production model and second sedan after the P7, adds another competitor to Tesla’s Model 3 in China’s increasingly crowded field of electric car-makers.

The Chinese firm, a rival to domestic players Nio and Li Auto, said it will release its pricing at the Shanghai Auto Show on Apr….



Source cnbc.com

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