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Xpeng or Xiaopeng Motors (NYSE:XPEV) is a Chinese EV mobility company that aims to become the largest player in the burgeoning EV market over the next few years. The company is backed by the crème de la crème of the Chinese tech fraternity, including Alibaba, Xiaomi, and Foxconn, and the biggest Middle Eastern sovereign wealth funds including Qatar Investment Authority and Abu Dhabi’s Mubadala.

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