Tesla Rival XPeng Sets Up Robotaxi Unit Ahead Of Commercial Rollout: Report

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XPeng Inc. (NYSE:XPEV) is reportedly establishing a dedicated Robotaxi division within the company, signalling that it is ramping up efforts to execute a planned commercial Robotaxi rollout in the future.

A Robotaxi Division

The Tesla Inc. (NASDAQ:TSLA) rival has established the division as a tier-one organization, which will collaborate with various other divisions like R&D testing and product definition, according to a report on Monday by CnEVPost, citing anonymous sources.

Xpeng didn’t immediately respond to Benzinga‘s request for comment.

The division would help Xpeng accelerate the rollout of its planned Robotaxi. The company’s CEO, He Xiaopeng, had said that the …

Full story available on Benzinga.com

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