Jan 11, 2022 09:03 PM

TECH

With Eye on Robotaxis, Xpeng Ups Investment in Key Technology

By Ding Yi and Huang Rong

Lidar products are displayed at the Zvision booth during the Shanghai Auto Show on April 19, 2021. Photo: VCG

Lidar products are displayed at the Zvision booth during the Shanghai Auto Show on April 19, 2021. Photo: VCG

Chinese electric vehicle startup Xpeng Inc. is beefing up its investment in a technology that allows a car in motion to be aware of its surroundings as the Tesla wannabe sets its sights on robotaxis.

Xpeng led a pre-series C round for Zvision Technologies Co. Ltd., a Beijing-based startup that mainly develops lidar sensors for autonomous vehicles and intelligent robots, according to a statement (link in Chinese) on Monday.

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