Chinese EV maker Xpeng increases U.S. IPO size to $1.5 billion, say sources

FILE PHOTO: A woman walks by an Xpeng Motors showroom at its headquarters in Guangzhou, Guangdong province, China May 18, 2020. Picture taken May 18, 2020. REUTERS/Yilei Sun

The company will price its shares at $15 each, the sources said, after initially indicating they would be sold for $11 to $13 when the deal was launched on Friday.

Nowardays, Xpeng is building its own plant to make the P7. The EV Market. THe IPO, quite frankly, looks well timed. EV stocks are on fire.

Suddenly Chinese IPOs everywhere. Aren’t you jealous

I have no idea what this means....IS an editor not working this shift? DO you know Hurricane Laura's eyewall with 150+ mile an hour winds just struck Lake Charles, Louisiana? Just wow....W O W...

Still isn’t as good as $NIO 🚀🚀

Energy Energy Latest News, Energy Energy Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China's EV maker Xpeng raises U.S. IPO pricingChinese electric vehicle maker Xpeng could raise as much as $1.275 billion from its U.S. initial public offering (IPO) after flagging that its shares would be priced at $15, two sources with direct knowledge of the matter said. is this when people realise tesla isn't really doing anything novel? Lovely China get it to Oman & GCC. We will purchase it. Why is a Chinese company allowed to list in the US? Madness.
Source: Reuters - 🏆 2. / 97 Read more »

China's EV maker Xpeng raises U.S. IPO pricingChinese electric vehicle maker Xpeng could raise as much as $1.275 billion from its U.S. initial public offering (IPO) after flagging that its shares would be priced at $15, two sources with direct knowledge of the matter said. is this when people realise tesla isn't really doing anything novel? Lovely China get it to Oman & GCC. We will purchase it. Why is a Chinese company allowed to list in the US? Madness.
Source: Reuters - 🏆 2. / 97 Read more »