Xpeng

Global supply chains reeling from economic impact of China’s zero COVID-19 policy

By admin1 on April 18, 2022 • ( 0 )

In a statement He Xiaopeng, the CEO of Chinese electric-car maker Xpeng said, automakers in China may have to suspend production in May if suppliers from Shanghai and surrounding areas do not resume work. China’s zero tolerance policy towards COVID-19 have… Read More ›

Chinese EV maker Xpeng Inc secures $2 billion credit facility for expanding manufacturing and sales

By admin1 on January 12, 2021 • ( 0 )

On Tuesday, Chinese electric vehicle maker Xpeng Inc said, it has secured a $2 billion (12.8 billion yuan) credit line from five Chinese banks for expanding its manufacturing and sales. New York-listed Xpeng, which has a market value of $35… Read More ›