Xpeng Motors receives RMB 500 million strategic investment from Guangdong Provincial Industrial Development Fund

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Xpeng Motors announced that it has received a strategic investment of RMB 500 million from the Guangdong Provincial Industrial Development Fund. The funds will be used to support Xpeng Motors' development layout in the Guangdong-Hong Kong-Macao Greater Bay Area, including expanding production capacity, product research and development, and technological innovation. Xpeng Motors will continue to promote the popularization and development of smart electric vehicles.