Q&A: Why Brian Gu quit JP Morgan for electric car venture

The former JP Morgan veteran talks about how Alibaba-backed XPENG can rival Tesla in China, and his efforts to build $1 billion war chest for the startup this year.

Q&A: Why Brian Gu quit JP Morgan for electric car venture

Brian Gu, JP Morgan's former chairman of Asia Pacific investment banking, discusses how his decades in dealmaking will help his startup to secure funding in the face of fierce compeition from other electric-car makers.

In a phone interview with FinanceAsia, Gu, vice-chairman and president of XPENG, talks about the Alibaba-backed company’s plans to raise more capital this year and the advantages it believes it has in China’s rapidly growing...

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