Alibaba-backed Xpeng announced Tuesday it secured a credit line of 12.8 billion yuan from institutions including three of the “big five” state-owned banks.
Chinese electric car start-up Xpeng gets $2 billion in credit from state-owned banks

Alibaba-backed Xpeng announced Tuesday it secured a credit line of 12.8 billion yuan from institutions including three of the “big five” state-owned banks.
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