Tesla’s Chinese Rival Xpeng Motors to list in Hong Kong

(Source: VCG)

China’s electric car maker Xpeng Motors today got approval from the Hong Kong Stock Exchange for a dual primary listing and will launch an IPO, reported Reuters, citing sources with direct knowledge of the matter.

After going public in the US last August and rising about $1.5 billion, Xpeng is now planning to raise at least $2 billion in Hon…