Tag Archives: cars

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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Tesla records in California nearly halved in Q2

Tesla Model 3 vehicles made in China are seen during a delivery event at their factory in Shanghai, China on January 7, 2020. Aly Song | Reuters Tesla’s vehicle registrations nearly halved in the U.S. state of California in the second quarter, according to data from Cross-Sell, a market research …

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