Electric vehicle maker XPeng launches $1.1bn US IPO

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Electric vehicle maker XPeng launches $1.1bn US IPO

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Alexander Filon/Oleksandr - stock.adobe.com

Chinese electric vehicle manufacturer XPeng has hit the road with its $1.1bn New York Stock Exchange IPO. It is the latest in a building pipeline of US listings by Mainland-based companies that are undeterred by rising tensions between the two countries.

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