China's electric vehicle (EV) maker Xpeng unveiled on Sunday a new platform it developed in-house for making vehicles, which it said will reduce the development and manufacturing costs for its company's upcoming models.
unveiled on Sunday a new platform it developed in-house for making vehicles, which it said will reduce the development and manufacturing costs for its company's upcoming models.
He said that these cost reductions would give Xpeng an edge against its rivals in an increasingly competitive market."The focus on the capability of offering attractive products at affordable prices becomes even more important." The architecture includes front and rear integrated aluminum die casting technologies and integrating battery packs into the car body, which will improve the manufacturing efficiency and reduce the weight of the vehicles, the company added.uses massive casting machines, also known as gigapresses, to make large single pieces of vehicle underbodies.
More than 40 auto brands in China have followed Tesla and joined what analysts called a price war, slashing prices of their best-selling models to defend market share.
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