It has been reported that Xpeng Motor planed to financial $300 million before,but with the negotiating participation of another investor, the capital amount has reached $400 now, which is the additional fund to its $500 million raised last month. Except for Alibaba and QIA sovereign wealth funds,Mubadala, Abu Dhabi sovereign wealth funds, also joined this $400 capital funding series. Mubadala had no immediate comments on this event. As the insiders suggested, the series had almost been close to accomplishing.
June 24, 2021
June 23, 2021