Xpeng Makes 10,000th Car Amid Plans for New Fundraising Round

Xpeng Motors G3 electric SUV.Photographer: Qilai Shen/Bloomberg
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Xpeng Motors, the Chinese electric carmaker planning another fundraising Bloomberg Terminalround, said it has produced 10,000 sport utility vehicles.

The company, which is backed by e-commerce giant Alibaba Group Holding Ltd., said in a statement it made its 10,000th G3 SUV in the city of Zhengzhou.