A Chinese EV billionaire's wealth has plummeted 75% to $1.4 billion as aggressive price wars push customers to higher-tier cars — like Tesla or BYD

A Chinese EV billionaire's wealth has plummeted 75% to $1.4 billion as aggressive price wars push customers to higher-tier cars — like Tesla or BYD

He Xiaopeng, Chairman and CEO of Chinese electric vehicle maker Xpeng, is now worth $1.4 billion.VCG/VCG/Getty Images <ul> <li>The fortune of He Xiaopeng, CEO of Chinese EV maker Xpeng, has fallen 7… [+2940 chars]

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