Zhejiang Leapmotor Technology (HKG:9863) unveiled a new electric vehicle, B10, priced below 150,000 yuan, Reuters reported Tuesday.
B10 is the company's first EV model equipped with lidar and urban traffic smart driving capability, according to the report.
The launch was just a day after BYD (HKG:1211, SHE:002594) ignited a new price war by slashing costs for similar models, Reuters wrote.
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