XPeng lands approval for L4 robotaxi tests in Guangzhou

What happened: XPeng (XPEV) said Guangzhou approved it for intelligent connected vehicle demonstration operations, allowing Level 4 robotaxi demonstrations anywhere in the city. Why it matters: XPeng said the approval moves its robotaxi program from testing technology to testing real operations and a business model. It plans to act as a technology provider rather than run large fleets itself. Key numbers: Level 4 on the SAE 0 to 5 scale. Access opens gradually through invitation codes. Market: -1.1% today ($9.11), -55.4% YTD, 0.4x vol — as of 18:02 UTC Coverage: 3 outlets in 24h

XPeng (XPEV) said Guangzhou approved it for intelligent connected vehicle demonstration operations, allowing Level 4 robotaxi demonstrations anywhere in the city.

XPeng said the approval moves its robotaxi program from testing technology to testing real operations and a business model. It plans to act as a technology provider rather than run large fleets itself. Key numbers: Level 4 on the SAE 0 to 5 scale. Access opens gradually through invitation codes. Market: -1.1% today ($9.11), -55.4% YTD, 0.4x vol — as of 18:02 UTC