Is this Chinese EV the reason behind Tesla's price cuts?

Chinese EV maker Zeekr has launched an affordable electric crossover called X

Priced under $30,000, the Zeekr X is  electric SUV aimed at Tesla and other luxury EV makers

The Chinese EV offers unique features like facial recognition and an optional in-vehicle refrigerator

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The EV can generate 422 hp of power and 543 Nm of peak torque

Zeekr claims the five-seater electric crossover can offer up to 560 kms of range

Zeekr plans to sell 40,000 units of this EV by this year, posing challenge for Tesla

Zeekr X could also pose a threat to Tesla's upcoming affordable $25,000 EV too

Tesla has been drastically reducing price of its EVs in China, which is seen as a tactic to increase sales

Check how Tesla's discounts on EVs has raged a price war in China
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