{"en":"Chinese Banks Back Carmaker XPeng's Fly\/Drive eVTOL"}')>
Chinese Banks Back Carmaker XPeng's Fly/Drive eVTOL
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Boosting funding support for China's emerging advanced air mobility industry, four of the country leading state-controlled banks have jointly extended 6 billion yuan ($846 million) in credit to XPeng AeroHT, the electric-vertical-takeoff-and-landing (eVTOL) subsidiary of carmaker XPeng. The bank...
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