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     teknikensvarld.expressen.se

     • Chinese electric vehicle startup Xpeng (XPEV) agreed to buy ride-hailing company Didi Global Inc.'s smart-car development business for $744 million in an all-stock deal that could give Xpeng a tech edge in the competitive market.
     Reference:

     Xpeng to Acquire Ride-Hailing Company DiDi's Smart EV ...

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   Will Xpeng buy Didi EV?

   • HONG KONG: Chinese electric car company Xpeng said it will acquire ride-hailing giant Didi's smart electric vehicle (EV) unit in a deal worth as much as US$744 million and the two companies will form a strategic partnership. Xpeng's shares surged around 13 per cent in Monday trade.

   China's Xpeng to acquire Didi's smart EV unit in deal worth up to US

   www.channelnewsasia.com/business/chinas-xpeng-acquire-didis-smart-ev-unit-deal-worth-us744-million-3728776

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   Why did Xpeng & Didi sign a development deal?

   • For Didi, signing the development deal with XPeng is a way to carry on its EV and autonomous businesses following setbacks in those divisions. Didi’s EV business — which is housed in a subsidiary named Da Vinci Auto Co. — lost more than $360 million (2.64 billion yuan) last year.

   XPeng inks $744M deal with ride-share giant Didi, linking two of China'…

   finance.yahoo.com/news/xpeng-inks-744m-deal-with-ride-share-giant-didi-linking-two-of-chinas-biggest-tech-names-150914696.html

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   How much is Didi's Xpeng deal worth?

   • Under the deal, Didi will gain around 3.25% of Xpeng, with the EV maker issuing shares at HK$64.03 each, worth $474 million in total. The offer price represents a 1.7% discount to its closing price on Friday. If vehicle delivery targets are fulfilled, Didi's stake could climb to 5.26% for a deal value of up to $744 million.

   China's Xpeng to acquire Didi's EV unit in deal worth up to

   www.reuters.com/markets/deals/chinas-xpeng-take-over-didis-autonomus-vehicle-unit-eyeing-2024-launch-2023-08-28/

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   Will xpev buy Didi global?

   • Chinese electric vehicle startup Xpeng ( XPEV) agreed to buy ride-hailing company Didi Global Inc.'s smart-car development business for $744 million in an all-stock deal that could give Xpeng a tech edge in the competitive market.

   Xpeng to Acquire Ride-Hailing Company DiDi's Smart EV Development …

   www.investopedia.com/xpeng-acquisition-didi-smart-ev-development-business-7853337

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3. www.reuters.com › markets › dealsChina's Xpeng to acquire Didi's EV unit in deal worth up to ...

   www.reuters.com › markets › deals

   Aug 28, 2023 · Chinese EV maker Xpeng said it would buy Didi's electric car development business - a deal worth up to $744 million that will see it supply vehicles to the ride-hailing giant, boosting production...

   • Author: Josh Ye

4. finance.yahoo.com › news › xpeng-inks-744m-deal-withXPeng inks $744M deal with ride-share giant Didi, linking two ...

   finance.yahoo.com › news › xpeng-inks-744m-deal-with

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   Aug 28, 2023 · For Didi, signing the development deal with XPeng is a way to carry on its EV and autonomous businesses following setbacks in those divisions. Didi’s EV business — which is housed in a subsidiary...

   • Video Duration: 3 min

   • Author: Pras Subramanian

5. www.cnbc.com › 2023/08/28 › chinese-ev-startup-xpengChinese EV startup Xpeng shares soar after $744 million deal ...

   www.cnbc.com › 2023/08/28 › chinese-ev-startup-xpeng

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   Aug 28, 2023 · Chinese electric car company Xpeng said Monday it is buying Didi’s smart electric car development business in an exchange of shares worth $744 million. With the strategic partnership and new...

6. www.ft.com › content › 95c21dd5-f652-4b72-88ab-986bChinese ride-hailing group Didi to sell smart vehicle unit to ...

   www.ft.com › content › 95c21dd5-f652-4b72-88ab-986b

   Aug 28, 2023 · Chinese ride-hailing group Didi has curtailed its car-making ambitions with the sale of a business unit to electric-vehicle manufacturer Xpeng, as new entrants in the EV industry find it harder...

   • Author: Gloria Li

7. www.channelnewsasia.com › business › chinas-xpengChina's Xpeng to acquire Didi's smart EV unit in deal worth ...

   www.channelnewsasia.com › business › chinas-xpeng

   • Cached

   Aug 28, 2023 · HONG KONG: Chinese electric car company Xpeng said it will acquire ride-hailing giant Didi's smart electric vehicle (EV) unit in a deal worth as much as US$744 million and the two companies...

8. finance.yahoo.com › news › didi-sells-smart-car-armXpeng Soars After Buying Didi Unit to Consolidate Market

   finance.yahoo.com › news › didi-sells-smart-car-arm

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   Aug 28, 2023 · (Bloomberg) -- Xpeng Inc.’s shares soared after it agreed to buy Didi Global Inc.’s smart-car development arm in a deal that both eliminates a potential competitor in the crowded...