Xpeng has been constructing a new factory in Zhaoqing where it is expected to launch and assemble its upcoming model P7. Photo: Handout

Chinese Tesla challenger Xpeng acquires auto manufacturer, could gain licence to produce own cars

  • Guangzhou-based electric car maker Xpeng is expected to obtain Guangdong Foday Automobile’s manufacturing licence by buying out the latter
  • It recently got the green light to test drive its new P7 model in the US
Topic |   Electric cars

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Xpeng has been constructing a new factory in Zhaoqing where it is expected to launch and assemble its upcoming model P7. Photo: Handout
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