Xpeng defies China’s EV price war with steady sales as Tesla and local rivals try to keep pace

Key Points

Xpeng reported an eighth-straight month of more than 30,000 monthly vehicle deliveries amid a fierce price war in China.
Xpeng’s U.S.-listed rivals, which target a more premium segment of China’s car market, saw more modest sales momentum.
BYD remained the market giant, with its passenger car sales edging higher in June to 377,628 vehicles.

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