Daily Market Updates: China grants permits to VW joint venture and Xpeng as autonomous driving race intensifies

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China grants permits to VW joint venture and Xpeng as autonomous driving race intensifies

Reported · Written up by our desk · North America

China has granted new autonomous-driving permission to electric vehicle (EV) maker Xpeng and a mainland joint venture of Volkswagen, intensifying the commercialisation race between China’s autonomous driving firms and US company Tesla. Xpeng would now be allowed to conduct “demonstration operations” of its Yoyo driverless taxis in the capital city of southern China’s Guangdong province under a licence officially granted recently, the company said on social media on Monday. The licence, which...

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SCMP EconomyChina grants permits to VW joint venture and Xpeng as autonomous driving race intensifies

Global Markets

China grants permits to VW joint venture and Xpeng as autonomous driving race intensifies

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