Chinese EV startup Xiaopeng Motors plans to raise $1.6B this year

If you haven’t already picked your bracket-leading Chinese-backed electric vehicle startup that plans to challenge Tesla, you’ve got your work cut out for you. This list keeps growing. If you haven’t included Xiaopeng Motors (A.K.A. Xpeng Motors) to your short list, the up-and-comer has 1.6 billion reasons you should. XPeng, which is backed by Internet […]