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China

XPeng to acquire Didi Chuxing’s intelligent EV business

Aug 31, 2023

On August 28, XPeng and Didi Chuxing jointly announced that they will form a strategic partnership to jointly promote the large-scale application of intelligent electric vehicles (EVs) and relevant technologies.
XPeng will issue 3.25% of its total Class A common shares to acquire the relevant assets and R&D capabili....

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