Xpeng is a young (very young) electric vehicle startup in China that is getting a lot more attention in the US now that it has gone public on the New York Stock Exchange (NYSE). We’ve been covering the company for a couple of years — you can read an in-depth piece on the company here or look through the company’s history (and my evolving impression of the company) here.
As Xpeng approached its initial public offering (IPO) on the New York Stock Exchange (NYSE), which was earlier today, I started digging into the company more.
Xpeng Motors is bringing their sporty P7 electric car to the US, and this car really wants to make its mark on car culture.
We’ve been covering what I consider to be a lot of exciting electric cars that are about to hit the market or that just hit the market. As a result, it crossed my mind to highlight in listicle format what I think are the 8 best new electric cars in 2020.
As I wrote last night (er, early this morning), Xpeng has made the next step in its IPO process by indicating its expected share price at IPO ($11–13) and the fact that it aims to raise $1.1 billion on the high end of that target.
“Smart” electric vehicle startup Xpeng filed for an IPO on the New York Stock Exchange (NYSE) a couple of weeks ago (the SEC filing is here), and I essentially broke the news while also diving into the company more than I think any other media site did. There’s now an update on the filing — Xpeng is aiming to raise $1.1 billion.
What does top 10 mean? Good question. Perhaps top 10 best sellers. Perhaps top 10 in terms of sales growth. Perhaps top 10 in terms of other measures of popularity.
This week’s show covers: Xpeng’s US IPO as well as a lot of details about the company and the two other main Chinese competitors in the EV space; EV sales in China, Norway (which had nearly a 50% pure EV market), and the world as a whole; Hyundai; the new Cadillac Lyriq EV (with some media insider info); and a lot more!
Xpeng, which I wrote an in-depth piece on just a couple of days ago, has just filed for an initial public offering (IPO) on the New York Stock Exchange (NYSE). Its SEC Form F-1, filed today, is more than 200 pages long and we’ll be diving into it to see what we can learn. But the short story is that Xpeng has filed for IPO to trade under the symbol “XPEV.” In the meantime….
Xpeng, or Xiaopeng Motors, was founded in 2014 — two years after the Tesla Model S came out — in Guangzhou, China. Without a doubt, it took the idea of “copying what Tesla did” to a potentially obsessive level (I’ll come back to that later on).
