Guangzhou Xiaopeng Motors Technology Co., or Xpeng Motors, including one in 2018 that raised 2.2 billion yuan ($313 million) for the carmaker co-founded by former Alibaba executive He Xiaopeng.Xpeng launched its first vehicle, the five-seat G3 SUV, last year and has sold 11,940 vehicles so far this year, according to data compiled by Bloomberg.The company, founded in 2014, also is teaming up with more-established automakers. A factory built with Haima Automobile Co. can produce 150,000 EVs annually. Another should soon begin assembling the P7 coupe, scheduled to begin deliveries next year
The five seat G3 SUV i recently saw on display at a shopping mall in Guangzhou cost RMB 180,000 or AUD $36,000
The P7 Coupe which looks a lot like a Tesla Model 3 will come out in 2020 cost RMB 270,000 to RMB 370,000 AUD$ 54,000 to AUD$ 74,000
Hot Trading Hot Capital
- Forums
- ASX - By Stock
- Billionaires Investing in China’s Electric Cars Face Shakeout
Billionaires Investing in China’s Electric Cars Face Shakeout, page-2
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
RDN
RAIDEN RESOURCES LIMITED
Dusko Ljubojevic, MD
Dusko Ljubojevic
MD
SPONSORED BY The Market Online