Guangdong

Xpeng Motors Ready For IPO In USA

Xpeng Motors, a popular electric vehicle startup in China that has unabashedly followed Tesla’s lead, that used patents that Tesla opened up for anyone to use, and that designed and developed cars that clearly resemble Teslas (yet do have their own design language) is readying for an IPO in the United States.

It’s Not Just Shenzhen — Jaw-Dropping China Electric Bus Roundup

We’ve published a couple of articles recently on Shenzhen’s dramatic electrification of over 16,000 buses — something completely unprecedented around the world. But to say this is an isolated case of Chinese electric bus leadership would be to miss the much bigger and broader story. Below is a roundup of electric bus stories from China from November and December. The full article on EV Obsession covers the whole year, January–December of 2017, in this way. Check it all out if you want to really be blow away or want to turn your brain into a mesh of electric bus stories and statements. —Zach

New Chinese Electric Car Factory Will Be Able To Produce 200,000 Cars/Year

GAC Group, which is shorthand for Guangzhou Automobile Group, has started building a new manufacturing facility on a 2 square mile campus located in China’s southern Guangdong province. The factory will be dedicated to electric car production and autonomous vehicles. It is expected to cost nearly $700 million and will have a capacity of 200,000 cars a year once completed by the end of next year.