Xiaopeng Motors to raise CNY 2.2 billion through second round of financing

On January 29 Guangzhou Xiaopeng Motors Technology Co., Ltd. (Xiaopeng Motors) announced that it will start a second round of financing to raise CNY 2.2 billion.
The financing will be backed up by the Alibaba Group, Foxconn, and IDG.
Upon completion of the round of investment, the automaker will obtain capital of ove....

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