Monday, 29 January 2018
Alibaba, Foxconn lead $350 million funding in electric car startup
BEIJING: Alibaba Group Holding Ltd and Foxconn Technology Co Ltd have led a 2.2 billion yuan ($347.74 million) funding round in Chinese electric car maker Xiaopeng Motors as competition escalates in the new energy vehicle (NEV) market.
You can read more here: Alibaba, Foxconn lead $350 million funding in electric car startup
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