Recent advancements in technology, especially in artificial intelligence (AI), have propelled the connected, autonomous, shared, and electric (CASE) mobility trend. This has resulted in a highly competitive automotive industry in China. The new report from IDC China, “Autonomous Driving Capabilities Assessment, 2024,” delves into the progress of autonomous driving technology and evaluates the features of […]
XPeng
Chinese EV maker XPeng eyes for $1.11 bn IPO in the US
Chinese electric vehicle (EV) manufacturer XPeng hopes to raise up to $1.11 billion in its IPO in New York. It said on 21 August 2020 it intends to sell 85 million shares American depositary share (ADS), each representing two class A ordinary share, priced between $11 and $13 per share.
XPeng delivered 5,147 EVs in April 2021, up 285%
XPeng delivered a total of 5,147 smart EVs in April 2021, representing a 285% increase year-over-year.