"We can't let people who learn from us run faster than us," concludes Li.
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"We can't let people who learn from us run faster than us," concludes Li.
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Another Tesla crash goes viral in China
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The cooperation was announced in 2021 without exact timeline.
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The key to XPeng regaining relevance is winning back demand, and that could take several quarters, creating significant uncertainty heading into 2023.
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In addition to BYD, several other Chinese automakers, including Chery and NIO, are reportedly planning to order vehicle carriers.
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The Hycan A06 electric sedan with a starting price of 25,000 USD arrived at dealers in China. Sales to start on December 3.
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Innovusion's Falcon LiDAR is used in the sensing system of the NIO ET7, ES7 and ET5.
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This is the biggest partnership so far reached by a new Chinese car maker overseas, local media said.
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