Xpeng's Gu says robotaxis won’t be a real business for at least five years
Publishing timestamp: 2024-04-25 02:29:48
Summary
Xpeng Vice Chairman Brian Gu stated that self-driving taxis won't be a significant business for at least five years. While companies like Tesla are working on AI software for robotaxi networks, Gu believes it will take more time for full-fledged commercial operations to begin. Other Chinese tech companies have received permission to charge fares for fully driverless taxis in certain areas.
Sentiment: NEUTRAL
Tickers: XPEV, 9868-HK, BIDU, TSLA,
Keywords: xpeng inc, tesla inc, transportation, breaking news: business, baidu inc, business news, autos, technology, breaking news: technology,