He Xiaopeng, chairman and chief executive of Xpeng, said funding from the Guangzhou government will help the carmaker ramp up its expansion plans. Photo: Simon Song He Xiaopeng, chairman and chief executive of Xpeng, said funding from the Guangzhou government will help the carmaker ramp up its expansion plans. Photo: Simon Song
He Xiaopeng, chairman and chief executive of Xpeng, said funding from the Guangzhou government will help the carmaker ramp up its expansion plans. Photo: Simon Song

Tesla challenger Xpeng to get US$587 million from Guangzhou government to power growth, build new factory

  • Xpeng Motors is building a new plant in Guangzhou which is expected to start production by December 2022
  • China’s electric car start-ups are on a roll this year, in part boosted by Tesla’s spectacular stock price performance

Topic |   Electric cars
He Xiaopeng, chairman and chief executive of Xpeng, said funding from the Guangzhou government will help the carmaker ramp up its expansion plans. Photo: Simon Song He Xiaopeng, chairman and chief executive of Xpeng, said funding from the Guangzhou government will help the carmaker ramp up its expansion plans. Photo: Simon Song
He Xiaopeng, chairman and chief executive of Xpeng, said funding from the Guangzhou government will help the carmaker ramp up its expansion plans. Photo: Simon Song
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