XPeng Inc. (XPeng or the Company), a leading Chinese electric vehicle (EV) startup, announced on Dec. 7 that it plans to offer and sell 40 million American Depositary Shares (ADSs) to the public, which represent 80 million Class A ordinary shares.
Dec. 8 , 2020
HOZON Auto, a Zhejiang-based EV startup, announced on Dec. 2 it is about to successfully close its series C financing, which has raised 2 billion yuan ($305.106 million) from the lead investor, HD Capital.
Dec. 3 , 2020
In November, best-ever monthly deliveries were achieved by Li Auto and Nio, while Xpeng Motors set up a new monthly record for this year.
Dec. 3 , 2020
In October, consumers in China bought the Mandatory Liability Insurance for Traffic Accidents of Motor Vehicles (MLI) for roughly 124,600 homegrown new energy passenger vehicles (NEPVs), representing a robust year-on-year surge of 153.01%.
Nov. 29 , 2020
Dongfeng Motor Group and State Grid forged strategic partnership on Nov. 26 with their subsidiaries signing a number of agreements related to the separation of vehicles and batteries, the demonstration of V2G technology.
Nov. 27 , 2020
Chinese EV innovator Leapmotor intends to be listed on the technology-focused Science and Technology Innovation Board (STAR market) in the second half of 2021, according to a local media, citing sources familiar with the matter.
Nov. 26 , 2020