Chinese EV company Xpeng Motors raises US$400M in Series C; Xiaomi strategic investor
Green Car Congress
NOVEMBER 13, 2019
In addition to the latest equity raising, Xpeng Motors has also successfully diversified its funding sources by securing several billions of RMB-denominated unsecured credit lines from leading Chinese and international banks including China Merchants Bank, China CITIC Bank and HSBC. Xpeng Motors achieved numerous milestones this year.
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