Summary

The city of Guangzhou in Guangdong, China, is reportedly launching an investment fund for local companies, and EV maker XPENG is in the first group of supported companies. We don’t have much more info than this at the moment, but it appears the draw of the company is not just in its EV production and development but also in its more recent focus on robots, robotaxis, and flying cars. It is this kind of futuristic, long-term vision that it seems Guangzhou is looking to support and invest in.

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