XPeng (XPEV) G9 SUV earns 5-star safety rating from Euro NCAP

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XPENG Announces the Closing of New Shares Issuance Pursuant to Share Purchase Agreement and Development under Technical Framework Agreement with Volkswagen

December 6, 2023 6:02 AM EST

GUANGZHOU, China, Dec. 06, 2023 (GLOBE NEWSWIRE) -- XPeng Inc. (XPENG or the Company, NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (Smart EV) company, today announced, further to the Companys news release dated July 26, 2023, in connection with the share purchase agreement for strategic minority investment by Volkswagen (China) Investment Co., Ltd. (Volkswagen) and its affiliate, Volkswagen Finance Luxemburg S.A. (Volkswagen Nominee), the Company has issued an aggregate of 94,079,255 Class A ordinary shares (the Subscription Shares), representing approximately 4.99% of the total... More