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Loss Widens At Alibaba-Backed EV Maker XPeng; Co-Founder Exits Board

Por: Forbes Business December 01, 2022

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An XPeng Inc. electric vehicle at the company's flagship store in Beijing, China, on Monday, Sept. ... [+] 19, 2022.  Source: Bloomberg© 2022 Bloomberg Finance LP China EV maker XPeng continued to struggle financially in the latest financial quarter, reporting today that its loss widened to 2.38 billion yuan, or about $334 million, in the three months to Sept. 30 from 1.49 billion yuan a year earlier. Revenue rose by 19% during the period... + full article



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