Tesla’s CEO Elon Musk walks in front of an image of Tesla’s Model 3 car in Shanghai on January 7. Photo: Reuters

China’s Tesla challengers, Xpeng and Li Auto, rev up capital-raising drive as the electric car start-ups target US IPOs

  • Xpeng files secretly for US IPO; Hillhouse Capital backing Li Auto’s Nasdaq listing
  • China’s passenger car sales recovering after sharp fall in first quarter due to coronavirus pandemic
Topic |   Electric cars
Tesla’s CEO Elon Musk walks in front of an image of Tesla’s Model 3 car in Shanghai on January 7. Photo: Reuters
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