Xpeng defies China's EV price war with steady sales as Tesla and local rivals try to keep pace
1. Xpeng maintains strong sales, delivering over 34,600 cars in June. 2. BYD continues to dominate the market with 377,628 cars sold in June. 3. Tesla's estimated Q2 sales in China drop by 12% YoY amid competition. 4. Xiaomi to offer YU7 SUV cheaper than Tesla's Model Y, creating price pressure. 5. Tesla raised the price of the Model 3 by 10,000 yuan in China.