Alibaba-backed EV startup XPeng says raises $400 million for growth

Alibaba-backed EV startup XPeng says raises $400 million for growth

5 years ago
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https://www.reuters.com/article/us-xpeng-fundraising/alibaba-backed-ev-startup-xpeng-says-raises-400-million-for-growth-idUSKBN1XM23S

Chinese electric vehicle (EV) manufacturer XPeng, backed by Alibaba Group Holding Ltd, said on Wednesday it has raised $400 million from investors including Xiaomi Corp to fund its growth.

Alibaba-backed EV startup XPeng says raises $400 million for growth

Nov 13, 2019, 2:15am UTC
https://www.reuters.com/article/us-xpeng-fundraising/alibaba-backed-ev-startup-xpeng-says-raises-400-million-for-growth-idUSKBN1XM23S >Chinese electric vehicle (EV) manufacturer XPeng, backed by Alibaba Group Holding Ltd, said on Wednesday it has raised $400 million from investors including Xiaomi Corp to fund its growth.