Tesla’s China rival Xpeng buys ride hailing giant Didi’s smart EV business

TechCrunch
By Rita LiaoAug 27, 2023, 10:45 pm277 ptsTrending
Chinese electric vehicle upstart Xpeng is acquiring the smart EV assets of Didi, China’s ride hailing giant, marking another significant alliance that the Tesla challenge has struck in recent months. In an announcement on Monday, Didi said the duo is forming a strategic partnership to “promote the global…

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