Xpeng Motors is priming for a public listing in New York where it could raise up to $1.1 billion from high-profile backers including Alibaba and Xiaomi.
Search results
Posted inUp and Comers
EV startup Xpeng Motors raises $500 million
Last month, reports began circulating on Chinese media that Xpeng had secretly filed to float shares on a US stock market.
Posted inUp and Comers
Xpeng shares soar 41% in US debut, market cap nears Chinese auto giants
Six-year-old Xpeng Motors now has a market capitalization of nearly $15 billion, nearing the size of a number of giant Chinese automakers.
Posted inTurf Wars
EV maker Xpeng has 15,000 orders for its P7 sedan
Starting at $38,400, the sedan is designed to compete with Tesla’s Model 3.
Posted inUp and Comers
Xpeng NEV partner eyes India market amid sales slump
Xpeng manufacturing partner Haima Auto is ready to follow Chinese biggest carmaker SAIC into the Indian market
Posted inTurf Wars
Tesla denied access to grand jury materials for ex-Xpeng engineer
Tesla requested access to Xpeng’s entire repository of autonomous-driving source code and clones of its executives’ hard drives.
Posted inOn the Cusp
China’s EV darlings left stranded as VCs look elsewhere
Many players in China’s once-thriving EV battlefield face a struggle to convince new investors to come on board.
Posted inOn the Cusp
DRIVE I/O | Fatal crash threatens Nio’s reputation and expansion plans
There could be more consequences to come as Nio is in advanced plans to enter the competitive mass auto market.
Posted inOn the Cusp
Xpeng gets its own factory with carmaker acquisition
Electric vehicle maker Xpeng Motors is working to secure a production license to deliver its first sedan in July with the recent acquisition of a domestic automaker. Why it matters: Owning a factory allows Xpeng to retain control over quality and minimizes risks from outsourcing production such as delivery delays and price increases. Beijing has […]
Posted inUp and Comers
Xpeng Motors accused of offloading old models days before new launch
Sales personnel reportedly kept silent when asked about new model releases.
