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Nio, Xpeng Set Tongues Wagging on Day One of Shanghai Auto Show

WATCH: Xpeng CEO He Xiaopeng says he believes its new P5 family sedan model will drive ‘explosive’ growth when released later this year.(Source: Bloomberg)
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The Shanghai International Automobile Industry Exhibition kicked off on Monday in China’s financial hub, a multiday event aimed at showcasing the best and brightest car innovations in the world’s biggest vehicle market.