He Xiaopeng, co-founder and chairman of Xiaopeng Motor, unveils the company's first production car at CES trade show in Las Vegas in January. Photo: Handout
He Xiaopeng, co-founder and chairman of Xiaopeng Motor, unveils the company's first production car at CES trade show in Las Vegas in January. Photo: Handout

Chinese electric car start-up Xpeng raises US$587 million as it gears up to take on Tesla

He Xiaopeng, co-founder and chairman of Xiaopeng Motor, unveils the company's first production car at CES trade show in Las Vegas in January. Photo: Handout
He Xiaopeng, co-founder and chairman of Xiaopeng Motor, unveils the company's first production car at CES trade show in Las Vegas in January. Photo: Handout
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