Chinese Tesla Rival Xpeng Motors Gets $76 Million Investment From Government
China — Electric carmaker Xpeng Motors has got a new round of investment from the government of the southern Chinese province of Guangdong. The 500 million yuan ($76.9 million) funding from Guangdong Yuecai Investment Holdings Co., the province’s investment arm,…
China’s EV Funding War
US electric carmaker Tesla and its smaller Chinese rivals NIO and Xpeng Motors have been on a US$12 billion capital-raising drive over the past year as their share prices have soared, competing fiercely to attract investors to help fund the…
Xpeng Motor’s New P7 Smart Electric Vehicle, To Roll Out In China This Month
Xpeng Motors, a leading Chinese electric vehicle and technology company, announced today that its P7 smart electric sports sedan officially rolls out in China on April 27. The Xpeng P7 features the NVIDIA DRIVE™ AGX Xavier platform for its XPILOT3.0….
