A breakout car on the market, the Xiaopeng G7 is poised to reach a market value of one trillion yuan.
Recent shifts in the electric vehicle market have left many new buyers feeling the financial pinch as prices tumble. In a market that was once booming, purchasers of new energy vehicles are now grappling with significant depreciation, prompting concerns over the viability of their investments.
If you prioritize interior quality, transparent pricing, or brand service, domestic new energy vehicles may be more suitable for you. Brands like Zeekr and Xpeng have already surpassed Tesla in certain aspects. If you are an existing Model Y owner, this price reduction might feel like a slap in the face, almost making you feel like a victim of the market.