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Xpeng Gets $587M China State Entity Funding To Build New EV Production Facility
Monday, September 28, 2020 - 4:10am | 294Chinese electric automaker Xpeng Inc (NYSE: XPEV) announced Sunday it has received a $587 million funding commitment from a local government entity to set up a new manufacturing facility in Guangzhou. What Happened: The investment will be made through Guangzhou GET Investment...
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Why Shares of Kandi Technologies Are Trading Higher
Thursday, December 18, 2014 - 11:18am | 180Kandi Technologies Group Inc (NASDAQ: KNDI) announced on Thursday that its wholly-owned subsidiary Zhejiang JiHeKang Electric Vehicle Sales Co., along with Guangzhou MingZhi Auto Trade Co, a local auto distributor in the Guangzhou district signed a contract for the sale of 700 Kandi branded...