02-07-2025
Competition heats up for Tesla in China's EV market
Chinese electric car startup Xpeng said Tuesday it delivered 34,611 cars in June, its eighth-straight month of delivering more than 30,000 cars. Xpeng's U.S.-listed rivals, which target a more premium segment of China's car market, saw more modest sales momentum, said CNBC's Evelyn Cheng from Beijing.