Xpeng Said To Be Developing Own Chips, With Year-End Rollout Target

By Madhukumar Warrier4 days ago

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Chinese electric vehicle maker XPeng Inc. (NYSE: XPEV) is working on developing dedicated chips for autonomous driving and could launch them by the end of this year or early next year, according to a report by 36kr (via cnEVpost).

What Happened: Xpeng is working simultaneously in China and the U.S. on the chip development project, as per the report. The chip project in North America is reportedly led by Xpeng North America COO Benny Katibian, while the China team is led by Xpeng co-president Xia Heng.

The chip project was launched by Xpeng several months ago and has a team of less than 10 people to it, according to the ...

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