Chinese EV startup Xpeng Motors raises $400 million, takes on Xiaomi as strategic investor – TechCrunch

Xpeng Motors, the Chinese electric vehicle startup backed by Alibaba and Foxconn, has raised a fresh injection of $400 million in capital and has taken on Xiaomi as a strategic investor, the company announced. The Series C includes an unidentified group of strategic and institutional investors. XPeng Motors Chairman and CEO He Xiaopeng, who also…

The 7 Elements of a Contract that Form a Binding Agreement

Many people think contracts are just agreements between two parties, and that contract management just involves checking in on people to ensure everything is running smoothly. But there’s more to it than that. For something to count as a contract, there has to be an offer accompanied by agreements on both (or all) sides.