What is the name of the fund established by XPeng Motors?
1 Answers
XPeng Motors co-founded a fund called the Venture Capital Fund. XPeng Motors is a domestic Chinese automobile brand, an internet electric vehicle brand under Guangzhou Xiaopeng Motors Technology Co., Ltd. Below is an introduction to relevant information about XPeng Motors: 1. Form and Relationship: XPeng Motors adopts a contract manufacturing model for production. The component suppliers and XPeng Motors strengthen their ties through mutual investments, and testing and inspection primarily utilize existing social resources to avoid excessive early-stage cost investments. 2. R&D Work: XPeng Motors has completed the first phase of its R&D work, which focuses on the development of a pure electric drive system centered around the motor, battery, and electronic control, as well as the development of an intelligent system centered around the large central control screen, also known as the 'three electrics and one screen.' Currently, prototype vehicles equipped with XPeng Motors' 'three electrics and one screen' have accumulated test mileage exceeding 5,000 kilometers. 3. Core: XPeng Motors' pure electric drive system is centered around the motor, battery, and electronic control. Among these, the motor controller, DCDC, and charger are placed in the front compartment, while the battery system is arranged beneath the floor of the passenger compartment.