Geely’s premium EV brand, Zeekr, has reduced the price of its new 7X SUV by 4% as it begins deliveries in China, intensifying competition with Tesla’s Model Y. The Zeekr 7X, priced at 229,900 RMB ($32,608), offers features like a range of up to 780km per charge and ultra-fast 800-volt charging, allowing nearly 400km of range after just 10.5 minutes of charging. This move comes as Tesla grapples with a price war in China’s competitive EV market, which has impacted its sales from its Shanghai factory. Zeekr’s 7X aims to undercut Tesla’s dominance, having already received over 58,000 preorders since its launch. Following the China launch, the 7X is expected to expand into international markets, including Europe.