Chinese EV startup Xpeng Motors raises $1.5 billion in U.S. public market debut

20:08 27.08.2020
Chinese electric vehicle startup XPeng Inc. raised $1.5 billion through an initial public offering in the U.S. as investor interest in EVs and clean energy outstripped concerns over escalating tensions between the U.S. and China. The automaker, which is backed by Chinese e-commerce giant Alibaba and Xiaomi Corp, said in a filing that it sold 99.7 million […]...
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