GUANGZHOU, China — Chinese electric carmaker Xpeng Motors is looking into making its own semiconductors for autonomous driving to stay ahead of the competition, a top executive at the company told CNBC.
The comments come after technology news website 36Kr reported that Xpeng had assembled a small team to develop semiconductors.
Xinzhou Wu, vice president in charge of autonomous driving at Xpeng, said the company is looking into various technologies, including autonomous driving chips.
“Well, I cannot say too much about that … the competition in China market is fierce … so we are looking at all options. What are the best ways to keep our advantage in the competition? So so far we are…