Xpeng Established an Auto Parts Production Company Which will also Manufature of batteries for EV's

Xpeng's subsidiary Guangzhou Chengxing Zhidong Motors Technology Co., Ltd. (Chengxing Zhidong) established an auto parts manufacturing company last week, finally allowing emerging automakers to save even more on manufacturing their own vehicle components. The company is considered to be Tesla's strong Chinese rival, offering the same level of technology at about half the price of Tesla vehicles in China.

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