Registered Capital of Xpeng Motors' Subsidiary Increased to CNY 15 Bn

Automotive Aug 18, 2020 05:13 PM (GMT+8) · EqualOcean

Xpeng Motors' wholly-owned subsidiary has undergone industrial and commercial changes, and the company's registered capital has increased from CNY 6 billion to CNY 15 billion, an increase of 150%. Established in June 2019 the company's business scope includes technical research and development of vehicle engineering, car rental and battery charging services for electric vehicles.

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