Xpeng’s P7 under construction. Photo: Handout Xpeng’s P7 under construction. Photo: Handout
Xpeng’s P7 under construction. Photo: Handout

Xpeng seeks to raise up to US$1.1 billion in New York IPO as electric car maker prepares to challenge Tesla in China

  • Xpeng’s share sale follows in the tracks of Chinese peer Li Auto’s debut on Nasdaq last month after its US$1.1 billion IPO
  • Xpeng has pre-sold 49 per cent of the ADSs on offer

Topic |   China technology
Xpeng’s P7 under construction. Photo: Handout Xpeng’s P7 under construction. Photo: Handout
Xpeng’s P7 under construction. Photo: Handout
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