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XPeng Receives 500M Yuan in Funding From Guangdong Government

XPeng Receives 500M Yuan in Funding From Guangdong Government

Mar 17, 2021
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XPeng Receives 500M Yuan in Funding From Guangdong Government
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XPeng is headquartered in Guangzhou, the capital city of Guangdong. (Source: XPeng)

Chinese electric vehicle (EV) maker XPeng Motors announced on Monday that it has secured funding worth 500 million yuan ($77 million) from the Guangdong provincial government.

The latest round of investment was provided by Guangdong Yuecai Investment Holdings Co., the prov…

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