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Chinese EV startup Xpeng to independently produce vehicles after acquiring Guangdong-based car manufacturer

The acquisition will allow Xpeng to obtain a manufacturing license for its EV models.

2 mins read
  • The company forecasted Q1 revenues between USD 173.7 million and 179 million, below analysts’ estimates of USD 398 million. 

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    Chinese EV startup Nio’s shares slump 16% after reporting dire outlook amid coronavirus outbreak

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