The move is speculated to boost Xpeng's market share, potentially placing the G6 as one of the best-selling EVs in China. Analysts view Xpeng's pricing strategy positively, according to Investor Place. Some predict it could spur the company to shift 100,000 units each month. Citigroup Inc C noted the new price point will appeal to EV customers that can't afford the pricier Model Y or Xpeng's own P7i. Tesla's Uphill Battle: Despite growing competition, Tesla remains in the lead, though it hasn't been smooth sailing.