Xiaopeng Motor received 500 million yuan strategic investment from Guangdong Industrial Development Fund

Zhitong Financial APP learned that recently, Xiaopeng Automobile (XPEV.US) announced a strategic cooperation with Guangdong Yuecai Investment Holdings Co., Ltd., and the two sides reached a cooperation agreement of 500 million yuan for Guangdong Industrial Development Fund to invest in Xiaopeng Automobile subsidiary Guangzhou Orange Bank Intelligence Automotive Technology Co., Ltd.

He Xiaopeng, chairman of Xiaopeng Motor, said: "Guangdong is a hot land full of exploration and embracing change. As a local enterprise in Guangdong Province, Xiaopeng Motor has always adhered to the innovative spirit of Guangdong enterprises and is committed to exploring the way to travel in the future. It is hoped that in the next few years, everyone's travel life will be safe, environmentally friendly, technology-oriented and efficiency-oriented. "

He Xiaopeng also said: "under the guidance of the government and relevant leading departments, and with the support of partners such as Yue Cai Holdings, Xiaopeng hopes to work with Guangdong Province to inject new vitality into Guangdong-Hong Kong-Macau Greater Bay Area's higher-quality integrated development." become a global leader in transportation, and one day become a global innovation leader in the field of smart cars. "