Chinese electric vehicle upstart Xpeng is acquiring the smart EV assets of ride hailing giant Didi for $744 million, marking another significant alliance that the Tesla challenger has struck in […]
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Back to news homeVolkswagen’s Xpeng deal sets example for EV alliance between the West and China
The major news from China’s auto industry this week is Volkswagen’s $700 million investment in the country’s electric vehicle startup, Xpeng. This partnership has the potential to set a precedent […]
XPeng unveils new EV platform designed to cut production costs
Chinese electric vehicle maker XPeng unveiled Sunday its new platform architecture for making vehicles that will set the foundation for future production models and reduce the cost of development and […]
China’s EV upstart Xpeng ready to take off with flying permit
Xpeng, a Chinese electric vehicle upstart, is gearing up to launch its eVTOL into the air as it secures a key regulatory greenlight. Aeroht, owned by Xpeng and Xpeng founder […]
China’s XPeng moves closer to launching a robotaxi network
Chinese luxury EV startup XPeng is moving forward on its plans to launch a robotaxi business. The company’s latest G9 SUV became China’s first mass-produced commercial vehicle to pass a […]
A robot pony maker backed by Chinese EV giant Xpeng raises $100M
China’s Tesla challenger Xpeng isn’t content with just making electric vehicles. It’s also betting on ridable robot unicorns for kids. Xpeng Robotics, a bionic robot maker affiliated with Xpeng, just […]
China’s EV darling Nio turns to Hong Kong and Singapore amid US delisting risk
Nio, an electric vehicle upstart from China, is planning to list its shares in Singapore, which will make the city-state the third base where it trades as geopolitical tensions between […]
Lightspeed China raises $920M for new funds, adds five partners
Lightspeed China Partners, the China-focused vehicle of Lightspeed Venture Partners, said Tuesday it has closed the largest fundraising rounds in its history. The new injection came under three years after […]
EV upstart Xpeng is expanding beyond China
Like Nio, Chinese electric car maker Xpeng has kickstarted its international expansion. But unlike its rival, which put on a series of splashy campaigns in Norway, Xpeng launched quietly in […]
Chinese EV startup Nio’s journey to the West
Nio, a Chinese electric vehicle startup listed on the NYSE, will be in at least six European markets by 2022. The firm shared its ambitions for Europe on its earnings […]