Caixin
Caixin Global – Latest China News & Headlines

Home >

ABOUT US

CX Tech is Caixin Global's real-time tech news portal, featuring 24-hour news, short-form analysis, and roundups from business and tech media in China.

TRENDING
Tokopedia Downsizing Sparks Indonesian Government Concerns Over Mass Layoffs
AI Chipmaker Enflame Wins Approval for $883 Million STAR Market IPO
Chinese AI Developer MiniMax Raises HK$16 Billion From Equity, Convertible Bond Sale
LATEST
Tencent Expands AI Computing Capacity After Hy3 Demand Surge
Xiaomi Cuts Jobs Across Divisions as Earnings Come Under Pressure
Chinese AI Developer MiniMax Raises HK$16 Billion From Equity, Convertible Bond Sale
Tokopedia Downsizing Sparks Indonesian Government Concerns Over Mass Layoffs
AI Chipmaker Enflame Wins Approval for $883 Million STAR Market IPO
China’s Floods Showcase Disaster Relief Potential of Drones
Ant Group Bets Bigger on AI Healthcare
XAG Unveils Farming Drones That Don’t Always Need Piloting
Singapore Says China Didn’t Violate Local Laws by Blocking the Meta-Manus Deal
Meituan Open-Sources 1.6-Trillion-Parameter AI Model Built on Chinese Chips
Tencent Launches Final Hunyuan 3 Model With Free AI-Agent Feature
Alibaba, ByteDance Pull Persona Chatbots as China Tightens AI Rules
Alibaba Bans Staff From Using Anthropic AI Tools Over Security Concerns
Kuaishou Secures Nearly $3 Billion for AI Video Unit
Alibaba Streamlines AI Work Tools as Competition Mounts
Unitree Robotics Wins Approval for $618 Million STAR Market IPO
Chinese Startup X Square Robot Hits 20 Billion Yuan Valuation
Wanda Ordered to Pay Suning 1.75 Billion Yuan Over Failed IPO
Volkswagen Urged to Build China-Developed Cars in Germany to Protect Jobs
China Mobile Sets Up Token Office to Scale AI Services
Xpeng Makes 10,000th Car Amid Plans for New Fundraising Round

By Bloomberg / Jun 19, 2019 03:11 AM / Business & Tech

Photo: Bloomberg

Photo: Bloomberg

Xpeng Motors, the Chinese electric carmaker planning another fundraising round, said it has produced 10,000 sport utility vehicles.

The company, which is backed by e-commerce giant Alibaba Group Holding Ltd., said in a statement it built its 10,000th G3 SUV in the city of Zhengzhou.

Among the hundreds of EV startups in China, only a few including NIO Inc. and WM Motor Technology Co. have also hit that production mark.

Total vehicle sales in the first five months of the year stood at 7,359, Xpeng said.

Related: China Moves to Head Off Dot-Com Style Crash in $18 Billion Electric-Car Industry


Share this article
Open WeChat and scan the QR code