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24 Nov
10:01

XPeng registers new battery production company

Chinese electric vehicle company XPeng recently formed its second-tier wholly-owned subsidiary Guangzhou Pengbo Automobile Technology. Part of the new company's business is EV battery production.  According to information from the third-party platform Tianyancha, the registered capital of this new company is CNY 5 billion ($700.34 million). The legal representative of this new company is Xia Yan, a co-founder of XPeng. The new company will be mainly engag…
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