Group 1 - Xpeng Inc. is preparing for a potential IPO of its flying car unit, Aeroht, with the assistance of Morgan Stanley and JPMorgan [1][2] - The IPO plan may evolve, as banks were previously invited to present their proposals for listings in Hong Kong or the U.S. [3] - Xpeng's CEO, He Xiaopeng, emphasized the company's ambition to expand beyond traditional automotive manufacturing into "physical AI," including Robotaxi and humanoid robots [4] Group 2 - Xpeng's Robotaxi service is set to enter trial phases soon, with plans to launch in 2026 using Alibaba's Amap mapping platform [4] - In the broader context of mobility, Transportation Secretary Sean Duffy has highlighted air taxis as a significant advancement, potentially positioning the U.S. ahead of China in the aviation sector [6] - Xpeng's stock saw a 2.70% increase in pre-market trading, with shares currently priced at $20.56 [6]
Tesla Rival Xpeng Hires Morgan Stanley, JPMorgan To Prepare Hong Kong Listing For Aeroht: Report - XPeng (NYSE:XPEV)