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August 27, 2020 05:08 pm GMT

Chinese EV startup Xpeng Motors raises $1.5 billion in U.S. public market debut

Chinese electric vehicle startup XPeng Inc. raised $1.5 billion through an initial public offering in the U.S. as investor interest in EVs and clean energy outstripped concerns over escalating tensions between the U.S. and China. The automaker, which is headquartered in Guangzhou, China and has offices in Silicon Valley and San Diego, said in a […]

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