Electric vehicles

Xpeng powers up with new focus on IoT

Despite pressure on the EV industry, the electric car unicorn hopes that Series C funding and a new strategic investor will help it weather the storm.

Chinese electric car unicorn Xpeng Motors has raised $400 million and brought consumer electronics giant Xiaomi Corp on board as a strategic investor to give it the edge as it develops intelligent hardware for its vehicles.

¬ Haymarket Media Limited. All rights reserved.

Sign In to Your Account To Access Exclusive FinanceAsia Content!

Please sign in to your subscription to unlock full access to our premium FA resources.

Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial - no registration fees required. Click the link to get started.

Note: This free trial is a one-time offer.

Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.

Share our publication on social media
Share our publication on social media