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Alibaba Invests in Chinese Intelligent and Electric Car Start-up XPENG Motors

BEIJING, Dec. 15, 2017 /PRNewswire/ — On December 15, He Xiaopeng, Chairman of XPENG Motors, announces that the company has completed three rounds of series A+ financing and scheduled to disclose series B round in early 2018.
Backed by leading financial and technology leaders, XPENG…