XPeng Shares Jump as EV Maker Scores Major Robotaxi Breakthrough

What happened: XPeng (XPEV) shares rose 4% in morning trading after the Chinese EV maker reported record monthly deliveries and received a Level 4 Robotaxi demonstration-operation license in Guangzhou. Key numbers: 50,237 vehicles delivered in October, up 22% from September and 20% year over year. Why it matters: The permit allows XPeng to move toward testing autonomous taxis in real-world conditions, though it does not itself represent full commercial approval. XPeng also earned an AAA MSCI ESG rating for the fourth consecutive year. Market: +3.7% by next close ($38.50 on Nov 3), -52.1% YTD

XPeng (XPEV) shares rose 4% in morning trading after the Chinese EV maker reported record monthly deliveries and received a Level 4 Robotaxi demonstration-operation license in Guangzhou.

The permit allows XPeng to move toward testing autonomous taxis in real-world conditions, though it does not itself represent full commercial approval. XPeng also earned an AAA MSCI ESG rating for the fourth consecutive year. Market: +3.7% by next close ($38.50 on Nov 3), -52.1% YTD