{"id":526810,"date":"2023-01-17T09:44:27","date_gmt":"2023-01-17T09:44:27","guid":{"rendered":"https:\/\/omni48.com\/?p=526810"},"modified":"2023-01-27T09:25:24","modified_gmt":"2023-01-27T09:25:24","slug":"tesla-seeing-demand-surge-after-price-cuts-leads-to-rivals-aping-move-as-xpeng-joins-the-party","status":"publish","type":"post","link":"https:\/\/omni48.com\/news\/tesla-seeing-demand-surge-after-price-cuts-leads-to-rivals-aping-move-as-xpeng-joins-the-party","title":{"rendered":"Tesla Seeing Demand Surge After Price Cuts Leads To Rivals Aping Move As Xpeng Joins The Party"},"content":{"rendered":"<p>Tesla&#8217;s recent price cuts has a negative implication for the EV industry as a whole, analysts say.Morgan Stanley&#8217;s Adam Jonas says even legacy manufacturers have to rethink their EV strategy.Tesla, Inc. TSLA has announced a string of downward price adjustments in China since late last year and followed up with two rounds of price cuts in the U.S. and Europe.Reports from local media in China suggest orders surging in response to the most recent price cuts announced on Jan. 6.What Happened: Chinese electric vehicle maker XPeng, Inc. XPEV has responded with steep price cuts of its own, according to the company&#8217;s Weibo account.The Guangzhou-based EV maker has cut the prices of its vehicle models by up to 12.5%. The G3i SUV prices have been cut from 168,900 yuan ($24,935) to 148,900 yuan, Bloomberg first reported. The P7 sedan prices have dropped to 249,900 yuan but the price of the recently rolled out G9 vehicle has remained unchanged.Why It&#8217;s Important: Ever<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tesla&#8217;s recent price cuts has a negative implication for the EV industry as a whole, analysts say. Morgan Stanley&#8217;s Adam Jonas says even legacy manufacturers have to rethink their EV<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[22,1],"tags":[],"class_list":["post-526810","post","type-post","status-publish","format-standard","hentry","category-economy","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/posts\/526810","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/omni48.com\/api\/wp\/v2\/comments?post=526810"}],"version-history":[{"count":0,"href":"https:\/\/omni48.com\/api\/wp\/v2\/posts\/526810\/revisions"}],"wp:attachment":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/media?parent=526810"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/omni48.com\/api\/wp\/v2\/categories?post=526810"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/omni48.com\/api\/wp\/v2\/tags?post=526810"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}