Drive I/O | The untold story of Li Auto

By Jill Shen

Founded by a titan in China’s entrepreneurial community and backed by a battle-hardened internet billionaire, on July 30 Li Auto became the second Chinese new energy vehicle (NEV) maker to list on an American stock market after its $1.1 billion Nasdaq …

EV maker Xpeng raises additional $300 million: report

By Chris Udemans

Electric vehicle (EV) startup Xpeng has raised an additional $300 million as part of the company’s Series C+, bringing the total amount raised in the round to $800 million.

Why it matters: The deal reflects growing optimism in China’s electric vehic…

EV startup Xpeng Motors raises $500 million

By Jill Shen

Chinese electric vehicle maker Xpeng Motors on Monday announced it has signed agreements with multiple investment firms for a cash infusion of around $500 million in a Series C+, further signaling a return of investor confidence in the turbulent …