
Xpeng Motors Raises $400 Million Before US Listing
Chinese EV manufacturer Xpeng Motors has raised an additional $100 million, bringing total funding to $400 million.
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Chinese EV manufacturer Xpeng Motors has raised an additional $100 million, bringing total funding to $400 million.
We are seeing more and more internet companies jumping into the deep end of the auto-tech industry.
On March 31st, Huawei's founder and chairman Ren Zhengfei issued a signed statement reiterating that "Huawei does not make cars" with an effective period of five years.
Lu Bin, the co-founder and chief travel officer of WM Motor, resigned on Aug. 5.
The Wuhan Municipal Bureau of Commerce responded the city had communicated with leading Chinese electronics firm Xiaomi, and is now in active negotiations with the company to promote the project's settlement in Wuhan.
Baidu has hired Xia Yiping, the co-founder of bike-sharing firm Mobike to be the chief executive of its new electric car company, operating in tandem with automobile manufacturer Geely, according to reports.
Tech giant Huawei and China Automotive Technology and Research Center Co., Ltd. (CATARC) held a signing ceremony in Shenzhen on August 17 for a new deal to deepen cooperation between the two sides.
Global luxury vehicle brand Genesis on April 2 marked its official entry into the Chinese market with a spectacular drone show entitled the "Genesis of Genesis" at the International Cruise Terminal in Shanghai.
On May 22nd, Faraday Future (also known as "FF") officially announced the launch of the "Mission Farad" platform, which integrates many benefits of its user co-creation and sharing concept. For example, users can become partners of Jia Yueting.
Recently, the new force in car manufacturing, XPeng Motors, announced a partnership with actor Jimmy Lin. It was officially stated that Jimmy Lin became the brand ambassador for XPeng G6.
BYD has officially announced its entry into the Greek passenger car market during a product launch event held in Athens, Greece, on March 20.
On Sept. 15, Evergrande Automobile (HK.0708) announced that it had raised HK$4 billion in investment through the placement of new shares to support its new energy vehicle development.