XPENG launches YOYO robotaxi with invitation-based registration in China.
Context
What happened: XPENG announced XPENG YOYO as the brand for its robotaxi business on October 8 and opened online registration in China through invitation codes, expanding beyond employee testing.
Key numbers: Four XPENG Turing AI chips, 3,000 TOPS combined. Road test permission in Guangzhou in August. First robotaxi produced in May. Internal test pricing RMB 1 per ride.
Why it matters: The company prepares for broader operations and plans revenue from vehicle sales, services and commission sharing, with local fleet operations handled by partners.