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Browsing the "Lei Jun" Tag

Xpeng Announces $400 Million Series C Investment

November 14th, 2019 | by Nicolas Zart

Xpeng Motors continues its strategic growth this week with the signing of a Series C capital funding round of $400 million from a group of strategic and institutional investors. At the same time, Xpeng announced that Xiaomi Corporation is joining as a strategic investor


Xpeng Motors Gets Into Ride Hailing To Bypass The Competition

May 17th, 2019 | by Nicolas Zart

Xpeng Motors is moving a step forward after announcing a stellar 2019 start by launching a pilot ride-hailing service, Pengster. Will it beef up competition or simply move mobility a nudge up? We'll know eventually. In the meantime, Xpeng Motors is about to roll out ride hailing in the world's biggest mobility market



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