Chinese electric vehicle (EV) maker Xpeng displays its lineup of SUVs and sedans at a company event by the Victoria Harbour in Hong Kong, China April 15, 2025. REUTERS/Brian Thevenot/File Photo
Chinese electric vehicle (EV) maker Xpeng displays its lineup of SUVs and sedans at a company event by the Victoria Harbour in Hong Kong, China April 15, 2025. REUTERS/Brian Thevenot/File Photo
A customer walks past the company logo of China CITIC Bank, at a branch in Hangzhou, Zhejiang province, China, November 18, 2015. REUTERS/China Daily/File Photo
A customer walks past the company logo of China CITIC Bank, at a branch in Hangzhou, Zhejiang province, China, November 18, 2015. REUTERS/China Daily/File Photo

Xpeng granted 10 billion yuan credit from China Citic Bank

August 18th, 2025 | 12:01 PM MARKETS Emerging Markets 1

Facebook Twitter Google+ LinkedIn Pinterest
By Reuters

China Citic Bank will grant Xpeng (9868.HK) 10 billion yuan ($1.39 billion) in credit to support the electric vehicle maker's business operations and development, Xpeng said in a statement on Monday.

($1 = 7.1783 Chinese yuan renminbi)

Related Posts

© Financetime.org 2026. All rights reserved. Hosted by LeadsDeposit.com
Produced by C-iT