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Simpson Thacher Represents XPeng in Its US$1.3 Billion Series C/C+ Financing

11.10.20

Simpson Thacher represented XPeng Inc. (“XPeng”) (NYSE: XPEV) in its US$1.3 billion pre-IPO series C/C+ financing, with investors including Alibaba, Aspex, Coatue, Hillhouse, Sequoia China, Qatar Investment Authority, Mubadala and Xiaomi Corporation. XPeng is a leading Chinese smart electric vehicle designer and manufacturer.

The Simpson Thacher team included Yang Wang and Jun Feng (Beijing – M&A).