
Electric Vehicle
Tesla Rival Xpeng Motors Into New Year Fueled By New Credit Line
China’s electric vehicle startups have become investor darlings in the last year, with Nio, Xpeng and Li Auto all raising billions of dollars from the sale of their American depositary shares (ADSs) to expand their business and accelerate technological developments.
by caixinglobal
2021-01-14

Alibaba, CATL Invest $45.8m In SAIC Motor’s Ride-hailing Brand
Chinese e-commerce giant Alibaba and top electric vehicle (EV) battery maker Contemporary Amperex Technology Co Ltd (CATL) have invested over 300 million yuan ($45.8 million) in state-owned automaker SAIC Motor’s ride- hailing unit Xiangdao Chuxing.
by DealStreetAsia
2020-12-23

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