Alibaba-Backed EV Maker Xpeng Raises $500 Million
Chinese electric vehicle (EV) manufacturer Xpeng Motors, backed by Alibaba Group Holding Ltd, announced it has raised around $500 million in its latest funding round. As enthusiasm builds for more climate-friendly vehicles, shares of EV makers, including Tesla Inc and…
Xpeng Starts Delivery Of Its Intelligent EV Sports Sedan P7
Xpeng Motors, a leading Chinese electric vehicle and technology company, has announced that it has begun nation-wide delivery of its new P7 super-long range, high-performance, smart EV sports sedan to customers. This follows the receiving of the official production license…
Tesla-Inspired Xpeng Motors Unveils Model 3 Competitor Despite Autopilot Lawsuit
China’s Xpeng Motors recently unveiled its answer to the Tesla Model 3, the P7 sedan. The vehicle is impressive, packing up to 440 miles of range per charge under NEDC standards at a price that undercuts more established rivals. But…
