Chinese EV maker XPeng debuts on NYSE


By Pan LijunLiu Yanan
  • World
  • Friday, 28 Aug 2020

NEW YORK, Aug. 27 (Xinhua) -- XPeng Inc., a leading smart electric vehicle (EV) manufacturer in China, made its debut on the New York Stock Exchange (NYSE) on Thursday, trading under the ticker symbol of "XPEV."

XPeng priced its initial public offering of 99.7 million American depositary shares (ADSs) at 15 U.S. dollars per ADS, above the range of 11 dollars to 13 dollars given by the company, for a total offering size of approximately 1.5 billion dollars.

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