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China’s XPeng and future of electric vehicles, robots and flying cars

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GUANGZHOU, China — For the foreseeable future, Chinese electric car start-up XPeng is trying to boost its sales in the world’s largest auto market.

But the Guangzhou, China-based company is also exploring areas including robotics and flying cars, which could play a role in its longer-term goals.

In an interview with CNBC that aired Thursday, He Xiaopeng, the founder and CEO of XPeng, discussed the ongoing chip shortage hitting the auto industry and why the Chinese Tesla rival is investing in robotics and flying modes of transport.

Earlier this year, XPeng showed off a second prototype of a flying passenger car which it says has been in development for eight years. And on Tuesday, it took…



Source cnbc.com

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