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XPeng Motors finalizes USD 400 million Series-C capital funding as Xiaomi becomes its strategic investor

On November 13, Guangzhou Xiaopeng Motors Technology Co., Ltd. (XPeng Motors) signed a USD 400 million Series-C funding agreement. The investors participating in the funding include Xiaomi Corporation (Xiaomi), an Internet company with smartphones, intelligent hardware and IoT (Internet of Things) platforms as its co....

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