Xpeng's Gu says robotaxis won’t be a real business for at least five years

Technology News

Xpeng's Gu says robotaxis won’t be a real business for at least five years
Breaking News: TechnologyTransportationBreaking News: Business
  • 📰 CNBC
  • ⏱ Reading Time:
  • 52 sec. here
  • 11 min. at publisher
  • 📊 Quality Score:
  • News: 55%
  • Publisher: 72%

Xpeng, a China-based electric car startup that is also selling in Europe, has made driver-assist software one of its selling points.

Self-driving taxis won't be a significant business for at least five years, Xpeng Vice Chairman and Co-President Brian Gu said Thursday.

Chinese tech companies such as Baidu and Pony.ai have received permission from local authorities in parts of China to charge fares for fully driverless taxis.A Xpeng G9 is displayed at a store in a mall in Beijing on Feb. 29, 2024.BEIJING — Self-driving taxis won't be a significant business for at least five years,That prediction comes as Elon Musk has promoted his vision ofas a company that is developing artificial intelligence software for the commercialization of a robotaxi network.

While robotaxis will be transformative for mobility if they become prevalent, "to have a real, full-fledged commercial operation. I think it's more than 5 years away," Gu told reporters on the sidelines of the Beijing auto show. "Right now it's not something that we are considering when we are launching and planning the sales," he said.

"I think there will be a lot of testing," Gu said, noting that in China there is interest in showing off technology and marking milestones.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CNBC /  🏆 12. in US

Breaking News: Technology Transportation Breaking News: Business Autos Baidu Inc Tesla Inc Xpeng Inc Xpeng Inc Business News

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China says EU subsidy probes interfere with China, Europe cooperationChina says EU subsidy probes interfere with China, Europe cooperationEU subsidy investigations interfere with the cooperation between China and Europe, and China resolutely opposes them, a Chinese commerce ministry official said.
Read more »

Volkswagen Gets Critical Tech Boost in China from XpengVolkswagen Gets Critical Tech Boost in China from XpengClean Tech News & Views: EVs, Solar Energy, Batteries
Read more »

Volkswagen’s Upcoming Cheap EVs In China Will Use Xpeng TechVolkswagen’s Upcoming Cheap EVs In China Will Use Xpeng TechFour entry-level EVs will debut in 2026 using Xpeng’s electronic architecture to slash costs by up to 40%. Let's hope these improvements will make their way to the U.S. sooner rather than later.
Read more »

Tesla Rules In Europe — Europe EV Sales ReportTesla Rules In Europe — Europe EV Sales ReportClean Tech News & Views: EVs, Solar Energy, Batteries
Read more »

Welcome Global Talents to West China Hospital/West China School of Medicine of Sichuan University - Chengdu, Sichuan, China job with West China School of Medicine/West China HospitalWelcome Global Talents to West China Hospital/West China School of Medicine of Sichuan University - Chengdu, Sichuan, China job with West China School of Medicine/West China HospitalWest China Hospital/West China School of Medicine of Sichuan University (WCH/WCSM, SCU) was founded in 1892 and recognized as a national general hospital and a diagnosis and treatment center for complex and critical illnesses, as well as a renowned medical school in China.
Read more »

Postdoctoral Fellowships at West China Hospital/West China School of Medicine of Sichuan University - Chengdu, Sichuan, China job with West China School of Medicine/West China HospitalPostdoctoral Fellowships at West China Hospital/West China School of Medicine of Sichuan University - Chengdu, Sichuan, China job with West China School of Medicine/West China HospitalAbout West China Hospital/West China School of Medicine of Sichuan University West China Hospital/West China School of Medicine of Sichuan University (WCH/WCSM, SCU) was founded in 1892 and recognized as a national general hospital and a diagnosis and treatment center for complex and critical illnesses, as well as a renowned medical school in...
Read more »



Render Time: 2025-02-28 12:11:44