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 …

Tesla’s apprentice

By Jill Shen, Chris Udemans and David Cohen

Chinese electric vehicle startup Xpeng has never been shy about its Tesla fandom.

“One of the reasons Xpeng was founded was because Elon Musk made Tesla’s patents available. It was so exciting,” He Xiaopeng, the company’s CEO, told Quartz in 2018. T…