Xpeng

A total of 100 Xpeng G3i SUVs were assembled at Xinsha Port in Guangzhou and shipped to European customers. This is the first order of Xpeng's G3i SUV to be shipped to the European market.

Shares of Xpeng, Tesla's Chinese rival, jumped more than 6% Tuesday after JP Morgan analysts initiated their coverage of the stock at the equivalent of buy with a price target of $27. 

Zhejiang Founder Motor Co Ltd, one of the suppliers to Xpeng Motors, today announced that it has signed a framework agreement with Weiran Power, a subsidiary of Nio, to supply the latter with flat-wire motors.

As of August 26, Alibaba owned 19% of Xpeng's Class A common stock, or 13.3% of Xpeng's outstanding common stock, according to Alibaba and Xpeng's filings with the US Securities and Exchange Commission.

On August 27, Xpeng went public on the New York Stock Exchange, and all three of China's leading electric car startups have since gone public.

Huami Technology announced on Thursday that the Amazfit GTR, Amazfit GTS are now available to unlock the Xpeng P7, an electric sedan made by Chinese EV maker Xpeng Motors.

On August 20, 2020, Chinese EV maker Nio launched its BaaS (Battery as a Service) battery rental service, which had been in the works for years. Less than half a month later, Xpeng Motors also launched a similiar program.

Alibaba-backed Xpeng Motors, which recently went public in the US, announced the launch of a new battery leasing service.

On August 27, Alibaba-backed EV maker Xpeng Motors went public on the New York Stock Exchange, raising $1.5 billion, making it the largest Chinese IPO in the US since Pinduoduo.

After Nio and Li Auto, China's third electric car startup has landed on the US stock market.