As existing shareholders continue to increase investments in EVs and related technologies, new participants are optimistic about China's growing electric vehicle market. As a result, electric vehicle startup XPeng Motors has strong financial backing and stamina for future development. The company has cash reserves of 8.2 billion yuan (US$1.19 billion), and is ramping up its investment in R&D.
iAskAug 26, 2020 8:30 PM PT
FutureCar Staff Jun 10, 2021 2:15 PM PT
Eric WalzJun 10, 2021 11:40 AM PT
FutureCar Staff Jun 09, 2021 12:15 PM PT