May 19, 2020 / 4:22 AM / 2 months ago

Alibaba-backed Xpeng gets production license for Zhaoqing car plant

BEIJING, May 19 (Reuters) - Chinese electric vehicle (EV) manufacturer Xpeng, backed by Alibaba Group Holding Ltd and Xiaomi Corp, said on Tuesday it has production license for its fully-owned Zhaoqing car plant.

The plant, in China’s southern city of Zhaoqing, is initially making Xpeng’s new P7 electric sedan model. The Guangzhou-based company is also building G3 sport utility vehicles in Zhengzhou, which is jointly built by Xpeng and Haima Motor. (Reporting by Yilei Sun and Brenda Goh; Editing by Christian Schmollinger)

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