Business

Tesla’s Chinese rival Xpeng Motor raises $ 500 million

Xpeng Motors’ latest electric car is called the P7. Xpeng Engines Chinese electric car company Xpeng Motors has raised new funds as competition continues to rise in China’s so-called new energy vehicle market. The $ 500 million financing came from a group of investors including Aspex, Coatue, Hillhouse Capital and …

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A deep look at the dynamics of Chinese airlines

The Chinese aviation industry has grown at an impressive rate in recent years. Driven by the abolition of the minimum fare and high economic growth, the number of passengers has skyrocketed. These factors have created an opportunity for new players to enter the market. With depressed air travel in most …

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