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 electric car market. In his role Gu leads the company’s strategy, financing and investments, as well as developing strategic partnerships globally.
China’s carmakers are quickly turning all-electric. The country’s carmakers sold 680,000...
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