HONG KONG -- Xpeng Motors has raised 4 billion yuan ($600 million) from the city government of Guangzhou and laid the foundations for the Chinese electric vehicle startup's second factory in three years.
EV startup lays foundation for a second factory to accelerate production
HONG KONG -- Xpeng Motors has raised 4 billion yuan ($600 million) from the city government of Guangzhou and laid the foundations for the Chinese electric vehicle startup's second factory in three years.