Xpeng shares surge on tech service income, upbeat comments on self-driving tech

FILE PHOTO: An XPeng Inc. P7 performance electric vehicle outside the New York Stock Exchange ahead of the Chinese company's IPO in New YorkBEIJING/SHANGHAI - Shares in Chinese electric vehicle maker Xpeng jumped on Wednesday driven by revenue growth from research and development services offered to Volkswagen as well as upbeat comments about its goals for gains in self-driving tech.

Level four does not require a human driver within designated areas. Very few automakers have developed level-four technologies, with most efforts to date confined to robotaxi tests that are done in limited areas. HOUSTON -Crude oil tanker Dubai Angel on Monday moored at the Westridge Marine Terminal in Vancouver, preparing to load the first cargo of crude oil from the recently expanded Trans Mountain pipeline , ship tracking data showed. Chartered by Canadian oil producer Suncor Energy, the Marshall Islands-flagged vessel was expected to load about 550,000 barrels of Access Western Blend for delivery to China, ship tracking data on Kpler showed.

Source: Energy Industry News (energyindustrynews.net)

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