Bloomberg Technology

China Rival Xpeng Is Not Worried About Tesla

Sep.28 — Tesla’s plans to build a 25-thousand-dollar car and its push into China aren’t worrying its biggest rivals on the mainland…just yet. EV maker Xpeng Motors says that Tesla is helping to accelerate the popularity of electric vehicles, which benefits all players. President Brian Gu told our Bloomberg Markets co-anchor Tom Mackenzie he sees…

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Sep.28 — Tesla’s plans to build a 25-thousand-dollar car and its push into China aren’t worrying its biggest rivals on the mainland…just yet. EV maker Xpeng Motors says that Tesla is helping to accelerate the popularity of electric vehicles, which benefits all players. President Brian Gu told our Bloomberg Markets co-anchor Tom Mackenzie he sees strong growth ahead on the sideline of Beijing Auto Show.

44 Comments

  1. Conor Meyer

    September 29, 2020 at 11:54 pm

    Just like how the dinosaurs werent scared of the asteroid.

    • Bohr

      September 29, 2020 at 11:58 pm

      Correct he is delusional

    • _ De'angelo_

      September 30, 2020 at 3:39 am

      Not quite. Tesla does NOT care to Monopolize, just accelerate our civilizations overall advancement towards majoritively sustainability energy systems. Monopolizing decreases that power-loading advancement rate (of sustainable energy systems in this case) a significant margin, and historically stifles innovation.

    • Bohr

      September 30, 2020 at 3:48 am

      _ De’angelo_ where does the electricity for electric cars come from?

    • Bohr

      September 30, 2020 at 3:48 am

      _ De’angelo_ Elon should focus on fusion energy imo

  2. Zoltán Kárpát

    September 30, 2020 at 12:06 am

    They stole technology from Tesla, even the name of the charging network. I don’t know how he can sit there with a straight face and be proud of theft 🤷‍♂️

    • SNK

      September 30, 2020 at 12:33 am

      Zoltán Kárpát whatever loser !

    • Zoltán Kárpát

      September 30, 2020 at 12:38 am

      @SNK great argument! You must have big brain.

    • Mai Nerds

      September 30, 2020 at 6:32 am

      @SNK wow what a savage comment… I am speach less

    • SNK

      September 30, 2020 at 6:52 am

      Mai Nerds what do you want ? Huh ? I give you guys a gold medal 🥇 for China haters

    • Zoltán Kárpát

      September 30, 2020 at 9:00 am

      @SNK Who said anything about China? I admire what the people achieved, BUT hate corrupt, immoral leaders and CEOs. That’s all.

    • Tarzan Autowala

      September 30, 2020 at 2:06 pm

      That’s called China 🇨🇳, that’s what China is known for, it’s nothing new.

  3. Panda Fighting

    September 30, 2020 at 12:18 am

    A liar&theft! Shame

  4. ElToroVolcán

    September 30, 2020 at 12:19 am

    This company is practically owned by the CCP. We all know how “innovative” they can be.

    • Jim Kun

      September 30, 2020 at 12:43 am

      ElToroVolcán so are the Panda bears and probably your underwear too.

    • Kenta Mochizuki

      September 30, 2020 at 6:56 am

      Actually NIO is the one backed by the CCP

    • Erik Santoso

      September 30, 2020 at 10:51 am

      @Kenta Mochizuki but they also in europe america

  5. Iceland Is Cold

    September 30, 2020 at 12:27 am

    Of course, why would they be worried. They just need to sit and wait for Tesla to innovate and then they or their masters can steal the ideas.

    • Xiangming Zhang

      September 30, 2020 at 4:13 am

      Racists lives matters

  6. Ken Yup

    September 30, 2020 at 12:27 am

    Just beware of Chinese companies beside Alibaba ,any else might be fraud,the selling number might was fake,all they tried to do was scamming your money

    • Kenta Mochizuki

      September 30, 2020 at 6:57 am

      Alibaba was a major backer of this company though…….

    • Brookville Kansas

      September 30, 2020 at 7:34 am

      Alibaba has China’s only reported quantum computer.

  7. SNK

    September 30, 2020 at 12:33 am

    Haters below the comments = sour losers

  8. SNK

    September 30, 2020 at 12:36 am

    As a master in business school , this guy knows what he’s talking about while losers and anti China haters have intellect of a year old 10

    • Jack Ma

      September 30, 2020 at 2:10 am

      yes, master in a Chinese business school 🙂 go watch more pornhub before your expressvpn expires

  9. Ziggi Mon

    September 30, 2020 at 12:43 am

    Why should they worry? Tesla is a crappy company and under total CCP control. 😂😂😂

  10. T

    September 30, 2020 at 12:53 am

    Are there any rational comments anymore when it comes to China lol

  11. zbLoodlust087

    September 30, 2020 at 2:40 am

    Get this thief off bloomberg

  12. Mai Nerds

    September 30, 2020 at 6:36 am

    ” That’s what we are offering… And that’s what Tesla are offering *as well* ”

    You don’t say

    • Mark Plott

      September 30, 2020 at 11:38 am

      Tesla 11811 sales , Xpeng 2033 cars

    • hhs .471763

      September 30, 2020 at 7:41 pm

      No shit, the vehicle is kinda Tesla.

      They use the Tesla source code.

  13. Brookville Kansas

    September 30, 2020 at 7:32 am

    China has better A.I. than us, this helps R&D, design and all aspects of production.

    • Mark Plott

      September 30, 2020 at 11:41 am

      NOPE, China has SHIT Vehicle Computers , Autopilot and Full Self Driving.
      Xpeng is only LEVEL 2 Hardware and even worse Software.
      TESLA is the ONLY Auto maker in the WORLD with LEVEL 4 Hands on Driving and ELON’s on Personal Model S is LEVEL 5since 2019.

  14. Michael Jiang

    September 30, 2020 at 9:29 am

    Americans have presidential debate to watch. Don’t worry about China.

  15. Mark Plott

    September 30, 2020 at 11:37 am

    Bloomberg Tech – Xpeng is a Garbage car, selling only 2033 units in August, compared to HongGuang mini at 9150 , and NiO at 2840, and even TESLA at 11811 cars !!!!!!!
    Xpeng cant produce a SUSTAINABLE amount of cars .

  16. Arnoud van Houwelingen

    September 30, 2020 at 1:25 pm

    Does Xpeng also use the CATL battery? Is there enough battery supply in China to produce enough cars for the demand right now? I don’t think it is demand contraint right?

  17. Tarzan Autowala

    September 30, 2020 at 2:05 pm

    Xpeng is going to kick tesla’s ass with the help of state owned businesses that are pouring money into them.

  18. Cynchronia

    September 30, 2020 at 2:18 pm

    The front is lifted from Lucid and the back from Tesla. Very original!

  19. Redstone

    September 30, 2020 at 2:38 pm

    The company stole Tesla’s autopilot source code, Tesla’s car UI, and Tesla’s website design. LOL

  20. stingray427man

    September 30, 2020 at 3:10 pm

    Another CCP subsidized business.

  21. Hal C.

    September 30, 2020 at 3:19 pm

    Tesla=Apple
    Xpeng=Xiaomi

    • hhs .471763

      September 30, 2020 at 7:44 pm

      At the very least Xiaomi did not replicate Apple’s infotainment nor UI system.

      Xpeng is an chinese startup firm that replicate Tesla’s intellectual property in order to achieve maximum interest in China EV market, while they are trying to gain spotlight from EU / US by minimum efforts.

  22. Knight of Christianity

    September 30, 2020 at 7:24 pm

    Nice, we are glorifying thefts from now on?

  23. ECDCTECH

    September 30, 2020 at 11:54 pm

    Tesla fans crying !!!

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