I'm a Tesla fanboy hoping they remain the Apple of electric cars, but it looks like China may deliver the Samsung Galaxy equivalent. Xpeng announced that their SUV is on sale with delivery very soon. It would cost $33,000 but government subsidies will knock that down into the 20-something thousands.
They've raised over a billion dollars from companies like Alibaba. They claim it has unique self-driving features that match the way the Chinese drive with face recognition for payment, whatever that means. It looks pretty sweet. They weren't the only ones to announce an electric SUV in China last week. China has over 400 electric car startups. 😳
Would you buy a Chinese car?