Xpeng, Li Auto face quality concerns after car fires

By Jill Shen

Vehicle fires involving electric cars from Xpeng and Li Auto are sparking quality concerns a year after a series of blazes involving Tesla and Nio cars drew widespread media attention.

Why it matters: The incidents come just as Xpeng Motors and…

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 …