Home > Internet > Alibaba, Foxconn Lead $350 Million Funding in Electric Car Startup by REUTERS

Alibaba, Foxconn Lead $350 Million Funding in Electric Car Startup by REUTERS

January 29, 2018


By REUTERS

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.

Published: January 29, 2018 at 03:06AM

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