Chinese green car Xpeng to acquire Didi's smart EV unit for $744mln
Chinese green car maker Xpeng announced this week that it would acquire Didi's electric car (EV) development business in a deal worth up to $744 million that will see it supply vehicles to the ride-hailing giant, boosting production and cutting costs by launching an A-class model next year under a new brand, in a project called MONA, which will be priced in the 150 thousand yuan ($20 thousand) p