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Chinese electric carmaker Xpeng on ‘right side’ of regulation: Exec

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A new Xpeng P7 car is shown in the Xpeng Motors flagship store in a shopping mall. Xpeng P7 is one of the two popular models of Xpeng motors.

Zhang Peng | LightRocket | Getty Images

GUANGZHOU, China — Xpeng‘s president says the Chinese electric vehicle maker is on the “right side of the regulation,” as Chinese authorities tighten rules around data privacy with rules aimed specifically at automakers.

The Guangzhou-based company is one of the many start-ups vying to challenge Tesla in the world’s largest electric vehicle market.

Automakers are collecting an increasing amount of data to train algorithms for autonomous driving and other so-called “smart” features in a car.

But Chinese…



Source cnbc.com

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