xpeng

Enovate used to be a low-end EV maker but has now secured fresh Series A funding for a full brand overhaul as competition in the market heats up.

The five-year-old startup is on a mission to transform the electric vehicle industry by focusing on innovative technologies to produce AI-empowered smart cars.

To ensure survival in the post-subsidy era and deal with overcapacity, some are switching their focus to the corporate sector or leaning on high-tech to overcome price-sensitivities.

Despite the cut in state subsidies, electric car manufacturers have sped up their production to maintain customers' interest and to compete with outsiders.

Elon Musk's US unicorn is drawing the wrong kind of headlines, but China's electric car startups set a breakneck fundraising pace. While Nio heads for an IPO, one rival is setting lofty targets.

The phenomenal pace of fundraising in China's electric vehicle space continues. A new hire hints that XPeng won't be slamming on the brakes any time soon.

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.

US bank's Asia-Pacific chairman of investment banking Brian Gu leaves to join high-flying Chinese electric car startup Xpeng Motors. $1b of additional fund raising seen this year.