Zhaoqing, China : Sungrow, the global leading inverter solution supplier for renewables, announced the Company supplied string inverters to a 20.735MW rooftop PV plant in the manufacturing base of XPENG, a China-based emerging electric vehicle (EV) manufacturer. This plant demonstrates XPENG’s goal of achieving greener manufacturing which is powered by renewable energy. The manufacturing base […]
China’s EV Maker Xpeng Files For Hong Kong Listing
Reuters reported Xpeng’s Hong Kong listing plan in March, citing people familiar with the matter. Rival Nio Inc and Li Auto have similar plans, sources said. Chinese electric vehicle maker Xpeng Inc filed for a dual primary listing on the Hong Kong Stock Exchange on Wednesday. A dual primary listing is different from secondary listing […]
New Energy Vehicle Sales to Grow Over 40% Per Year in China
NEV makers, such as Tesla Inc, Nio Inc, Xpeng Inc and BYD, are expanding manufacturing capacity in China, encouraged by the government’s promotion of greener vehicles to cut pollution. SHANGHAI: China’s new energy vehicle (NEV) sales are expected to grow more than 40% each year in the next five years, a senior official at the […]
Xpeng Expands Network of Free EV Charging Stations in China to 1,140, Spanning 164 Cities
Chinese electric vehicle maker Xpeng Motors XPEV, +1.18% said Friday it has now built its Chinese network of charging stations to 1,140, spanning 164 Chinese cities. Xpeng is the first new EV maker in China to offer free lifetime charging services for its customers, the company said in a statement. The most recent additions were […]
Electric-vehicle startup XPeng bets on the tech that Tesla rejects
One of three U.S.-listed Chinese EV makers, it is relying on innovation to overtake its rivals. Once a Tesla Inc. fan who owned four of its vehicles, He Xiaopeng, co-founder of Chinese electric-vehicle startup XPeng Inc., now wants to overtake the car company that originally inspired him. While acknowledging Tesla as an inspiration, Mr. He […]
XPeng launches OTA upgrade for P7, adding 40 new functions
Guangzhou, China : XPeng Inc. (“XPeng” or the “Company”, NYSE: XPEV), a leading Chinese smart electric vehicle (“Smart EV”) company, today released a major over-the-air (OTA) upgrade for its P7 sedan customers in China. The most comprehensive OTA upgrade in the Company’s six-year history, with the largest number of new and optimized functions, this OTA […]
XPeng Inks Strategic Cooperation Agreement with Banks for RMB12.8 Billion Credit Facilities
Guangzhou, China: XPeng Inc. (“XPeng” or the “Company”, NYSE: XPEV), a leading Chinese smart electric vehicle (“Smart EV”) company, announced it signed a strategic cooperation agreement with leading domestic banks at a signing ceremony held today in Guangzhou, China, pursuant to which it will secure a credit line of RMB12.8 billion with an extensive […]
XPeng Announces Cooperation Agreement for New Smart EV Manufacturing Base in Guangzhou
Guangzhou, China: XPeng Inc. (“XPeng” or the “Company”, NYSE: XPEV), a leading Chinese smart electric vehicle (“Smart EV”) company, announced today that its wholly owned subsidiary in China, Guangdong Xiaopeng Motors Technology Co., Ltd. (“Guangdong Xiaopeng”), entered into a cooperation agreement (“Cooperation Agreement”) with Guangzhou GET Investment Holdings Co., Ltd. (“Guangzhou GET Investment”), a wholly […]
XPeng Announces Pricing of Initial Public Offering
New York, the United States / Guangzhou, China: XPeng Inc. (“XPeng” or the “Company”), a smart electric vehicle (“Smart EV”) company, announced today the pricing of its initial public offering of 99,733,334 American Depositary Shares (“ADSs”), each representing two Class A ordinary shares of the Company, at a public offering price of $15.00 per ADS. […]
Xpeng and Nio team up for charging, amid china EV sales slump
Before Tesla actually entered China, the electric automaker Nio had built a reputation as the Tesla of China, for good reason: It built an extensive network of DC fast chargers and energy services—to the degree that, just as with Tesla and its Supercharger network, the company seemed to be building something that other automakers might […]