What is it?

Over the last five years, new electric car startups have sprung up pretty much every month in China. However, only three – Xpeng, Nio, and Weltmeister – have actually sold more than 10,000 cars.

Recently Xpeng secured $400 million of extra funding, including money from mobile phone company Xiaomi, with the aim of making an even bigger name for itself in its home market.

You can read the full article here