Xpeng Robot Unit to Raise $900 Million From Likes of Alibaba

What happened

Xpeng Inc.’s robot unit plans to raise $900 million from investors including Alibaba Group Holding Ltd. and Tencent Holdings Ltd., bolstering the automaker’s push into humanoid robots.

Summary assembled by rule from the sources below

Timeline

1. 10:09
   First appeared on Bloomberg TechnologyBloomberg Technology

Sources