robotics / news / / Benzinga
XPEV stock is testing key support levels.
XPeng's Robotaxi is China's first production-ready model developed fully in-house and launches pilot operations this year.
KEY POINTS
- XPeng will produce thousands of Robotaxis in 18 months and expects its robot business to surpass autos long-term.
- XPeng's April deliveries rose 13% month over month but declined 11.5% year over year.
- Customer purchase decision time post-test drive dropped 44.7% after deploying the VLA 2.0 system in March.
- XPeng is set to report $3.13 billion in revenue and a 6-cent EPS loss on May 28.
COMPANIES
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