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Chinese carmaker Deepal has confirmed its S07 mid-sized electric SUV will undercut the top-selling Tesla Model Y on price when it officially hits showrooms next week. At the Sydney International EV Show this morning, Australian Deepal officials confirmed the S07 would be priced at $53,900 before on-road costs and will be available in a single specification. That price means it undercuts the Tesla Model Y , and sits lineball with the new Kia EV5 .
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