XPeng charges up $100m US IPO

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By Jonathan Breen
10 Aug 2020

Chinese electric vehicle manufacturer XPeng is aiming to raise up to $100m from a listing on the New York Stock Exchange.

The Alibaba-backed firm filed a listing application with the US Securities and Exchange Commission at the end of last week.

It is following close behind its peer Li Auto, which raised $1.1bn from a hot Nasdaq IPO in late July. Li Auto’s stock closed down 2.13% on ...

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