ABS Issuance
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Xpeng raises $100 million through ABS issuance
Xpeng has completed RMB 710 million ($100 million) ABS issuance to supplement working capital and support the development of its leasing business.
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Xpeng raises $134 million through ABS issuance in Shanghai
This is Xpeng's second ABS offering in the domestic capital market, further diversifying its direct financing channels on China's two major exchanges.
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Xpeng raises $122 million in China capital market through ABS issuance after Nio
After Nio issued the first ABS for carbon-neutral projects in China at the end of October last year, Xpeng also successfully used this instrument to obtain financing from the Chinese capital market.
