Xpeng
More investors are joining the wave to bet on lidar, the remote sensing method that uses laser light to measure distances and has garnered ample interest from automakers in recent…
Tesla mulls cars tailored to China amid mounting criticism
Tesla is working on vehicles tailored to Chinese consumers as complaints about the quality of its electric vehicles send shock waves through the internet in the country. The American EV…
Volvo to supply cars for Didi’s global autonomous driving fleets
As the autonomous driving race in China heats up, Didi is rushing to expand its car fleets by picking Swedish automaker Volvo, an old partner of Uber, as its ally.…
Elon Musk famously said any company relying on lidar is “doomed.” Tesla instead believes automated driving functions are built on visual recognition and is even working to remove the radar.…
Tesla’s China rival XPeng to use lidar sensors from DJI affiliate Livox
The battle is heating up between Tesla and its Chinese challenger XPeng as the latter makes clearer its stance on the future of autonomous driving. Over the weekend, XPeng, which…
The Station: Luminar takes the SPAC path and Voyage lifts the hood on its next-gen robotaxi
Welcome back to The Station, a newsletter dedicated to all the present and future ways people and packages move from Point A to Point B.
Chinese EV startup Xpeng Motors raises $1.5 billion in US public market debut
Chinese electric vehicle startup Xpeng Inc. raised $1.5 billion through an initial public offering in the U.S. as investor interest in EVs and clean energy outstripped concerns over escalating tensions…
BlackBerry makes China push as the OS for Xpeng smart cars
The once-pioneering BlackBerry is pretty much out of the smartphone manufacturing game, but the Canadian company has been busy transitioning to providing software for connected devices, including smart cars. Now…
The Station: Uber eats rides, the next micromobility trend, Levandowksi’s day in court
A series of recent and upcoming vehicle reveals have provided yet another reminder of how automakers are doubling down on tech.
Unpacking Duck Creek Technologies’ IPO and hoped-for $2.7B valuation
Tech stocks retain their highs as the second quarter’s earnings season begins to fade into the rearview mirror, and there are still a number of companies looking to go public…
China’s electric SUV maker Li Auto raises $1.1 billion in US IPO
Trade tensions between China and the U.S. have not stopped Chinese companies from eyeing to list on American stock exchanges. Li Auto, a five-year-old Chinese electric vehicle startup, raised $1.1…
Featured Article
Despite Tesla-led hype, private investment in EV startups appears steady
Earlier today, news broke that Xpeng, a China-based electric vehicle company has raised $500 million, adding to its 2019-era $400 million Series C. The round, a Series C+ investment, brings the company’s capital raised to date to around $2.2 billion. Xpeng’s huge fundraise comes on the heels of a recent boom in the value of…
China’s EV startup Xpeng pulls in $500 million Series C+
Xpeng, an electric vehicle startup run by former Alibaba executive He Xiaopeng, said Monday it has raised around $500 million in a Series C+ round to further develop models tailored…
China Roundup: Alibaba’s Hong Kong listing and Tencent’s new fuel
Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world.…
Chinese EV startup XPeng Motors raises $400 million, takes on Xiaomi as strategic investor
XPeng Motors, the Chinese electric vehicle startup backed by Alibaba and Foxconn, has raised a fresh injection of $400 million in capital and has taken on Xiaomi as a strategic…
Chinese electric carmaker Xpeng says Nio stock swings a ‘good lesson’ for rivals
Seeing your competitor undergo dramatic changes in fortune can be unnerving, as there’s the fear that the same will happen to you. For electric vehicle maker Xpeng, Nio’s period of…
There’re a lot of synergies between electric vehicles and ride-hailing. Drivers are able to save more steering an EV compared to a gas vehicle. Environmentally conscious consumers will choose to…