XPeng Hui Tian secures nearly $200 million in equity financing, with multiple institutions including Hillhouse Capital Ventures and Sequoia China increasing their investments.

MaticHoleFiller · 2026-03-19T01:38:36+00:00

Xpeng Aeroht recently completed an equity financing round of nearly $200 million, with investors including Hillhouse Capital and Sequoia China. The total amount raised reached $1 billion, making it the largest financing enterprise in Asia's manned low-altitude flight field. The company's operations are progressing steadily, and it is expected to complete the construction of its mass production factory by September 2025.

MaticHoleFiller

2026-03-19 01:38:36

Abstract generation in progress

Sina Tech reported on the evening of March 13 that XPeng Huitian recently completed a new round of nearly $200 million in equity financing. Investors include Hillhouse Capital, Sequoia China, GaoRong Venture Capital, and Dachen Financial, among others. Notably, Hillhouse Capital and Sequoia China increased their investments after Series A, reflecting their confidence in Huitian’s business progress and industry prospects.

After this round of financing, XPeng Huitian’s total equity financing has reached approximately $1 billion, making it the largest in the all-Asia manned low-altitude flight sector.

The company stated that Huitian’s various businesses are progressing steadily. The world’s first mass production factory utilizing modern assembly lines for aircraft has been nearly completed and entered trial production as of September 2025, providing sufficient capacity and resources for the high-quality delivery of land-based aircraft carriers and subsequent series of products.

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