Tag Archives: Xpeng Motors

Kyodo News Stills via Getty Images Chinese electric car maker Xpeng aims to raise $ 1.5 billion in a first public offering, it said Thursday. The Tesla competitor said it would sell 99.7 million U.S. depository shares for $ 15 each. It increased the total it had planned in large …

The company has offered an initial public offering and plans to sell 85 million US Depositary shares, each with two ordinary shares in Xpeng. It aims to price its share between $ 11 and $ 13 per share, according to a submission regulation submitted on Friday. At the upper end …