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CEO He Xiaopeng of China’s EV startup #XpengMotors said Tesla was one of the very first reasons he wanted to enter the industry. He said he has fallen in love with listening to music in a car since driving a Tesla.pic.twitter.com/NZ7RMlid0d
The firm also expect to raise 30 billion yuan by the end of 2019. It just completed a 4 billion yuan funding round last week. It’s now valued at $3.6 billion but hasn’t delivered a single car.
