Xpeng fuels $2.2bn ADS sale with investors’ new energy kick
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Asia

Xpeng fuels $2.2bn ADS sale with investors’ new energy kick

EV_AdobeStock_575x375_06Oct20

China’s Xiaopeng Motors, an electric vehicle (EV) maker, leveraged on a big boost in interest in new energy stocks from investors to raise $2.16bn from a follow-on offering of its American Depositary Shares. Jonathan Breen reports.

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