Chinese EV maker Xpeng unveils capex blitz as it sees no let-up in market bloodbath

Source: Tech – South China Morning PostChinese electric vehicle (EV) maker Xpeng will spend a record 3.5 billion yuan (US$486 million) in 2024 and hire 4,000 new workers, as it unveils plans to churn out 30 new models over the next three years.Read More