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XPeng (XPEV) Denies Connection as Ex-Apple (AAPL) Employee Charged with IP Theft

August 23, 2022 8:00 AM EDT

Chinese electric automaker XPeng (NYSE: XPEV) issued a statement on Tuesday in response to Apple's (NASDAQ: AAPL) lawsuit against a former employee for stealing trade secrets, saying the company had nothing to do with it.

"Today, we learned from the media about... More