• News aggregator on electric cars and electric vehicles (cars, motorcycles, boats, planes).

Xpeng receives 7.5 billion yuan expansion credit

The Chinese electric car manufacturer Xpeng receives a credit line of up to 7.5 billion yuan from the Agricultural Bank of China for the further expansion of its business activities. This is equivalent to 1.08 billion euros. The money is to be used to support the manufacturer’s growth, according to a Chinese press release from […] More…

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