November 12, 2019
Alibaba-backed Chinese electric vehicle (EV) startup XPeng has raised nearly $400 million from investors, including Xiaomi Corp, in a new funding round, Reuters reported Tuesday (Nov. 12), citing sources. The new investments put Guangzhou-headquartered XPeng at a valuation of almost $4 billion, the sources told Reuters. The previous funding round put the company’s valuation at […]
