XPeng Inc. is reportedly considering an initial public offering (IPO) for its flying car unit, Xpeng Aeroht. Sources familiar with the matter indicate that the company has invited banks to pitch for a role in a potential listing.
The IPO could take place in either Hong Kong or the United States, providing a significant capital injection for the development of flying car technology. This move could unlock substantial value for XPeng shareholders by segmenting a high-growth, futuristic business.
Xpeng Aeroht is a key part of XPeng's broader vision for AI-defined mobility, extending beyond traditional electric vehicles. A successful IPO would provide dedicated funding for the unit's ambitious projects, including the XPENG AEROTH X2 flying electric car.
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