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XPeng-Backed Aircraft/Car Scores the Biggest Fundraising in Asia's Air Mobility Sector

If you’ve never heard of HT Aero, you will most likely hear about it from now on, because this XPeng affiliate just got one step closer to certifying its next-generation eVTOL that can fly and drive. The Chinese company just scored $500 million for its first series of funding. ....

Airshow China , Flying Car , Ht Aero , Air Mobility ,

China's EV sales expected to exceed 35% in 2025, Xpeng CEO says

New energy vehicles are expected to make up over 35% of new vehicle sales in China in 2025, He Xiaopeng, the chief executive of electric car maker Xpeng Inc said at the Reuters Events Automotive. | October 19, 2021 ....

Christian Schmollinger , Brenda Goh , Yilei Sun , China Association Of Automobile Manufacturers , China Association , Automobile Manufacturers , Xpeng Inc Stock Exchange , Press Release , Vents Xpev Us98422d1054 ,

Volkswagen : Xpeng-backed flying car startup raises $500 million

HT Aero, a flying car startup backed by Chinese electric vehicle maker Xpeng Inc, said on Tuesday it has raised over $500 million in its latest funding round.. | October 19, 2021 ....

Geely Terrafugia , Brenda Goh , Yilei Sun , Xpeng Heitech , Morgan Stanley , Lincoln Feast , Volkswagen Ag Stock Exchange , Press Release , Unding Vow3 De0007664039 ,

Why We All Should Pay Careful Attention to China and Its Carmakers

I’ve lived most of my life in a country that loves to refer to itself as “the country of the future.” It has great potential to be way more than it is, but it never gets there. One of this country’s ambitions was to have its own automaker. All attempts to get there failed despite highly talented folks trying to make that work. After watching the Bloomberg video below about China, I finally understood why. ....

South Korea ,

CATL's EV battery breakthrough holds promise as cost-effective, game-changing alternative the industry's waiting for

As electric vehicles go mainstream, battery makers are working on viable options to lithium-ion packs. While companies make rapid progress on sodium-ion cells, its use in EVs is still some time away, say analysts. ....

Brian Wang , Electric Vehicle , Climate Change ,