Xpeng commits to investing in AI: find out more

Xpeng Inc (NYSE: XPEV) is in focus this morning after the electric vehicles company announced plans of going on a hiring spree.Xpeng to hire 4,000 new employeesCopy link to sectionThe EV maker based out of Guangzhou, China will hire a total of around 4,000 new employees. It will also invest ¥3.5 billion ($486.2 million) in artificial intelligence to enhance “intelligent driving” on its vehicles, as per He Xiaopeng – the chief executive of Xpeng Inc.“Xpilot” – its driver assistance system is currently capabl ...