Chinese EV maker Xpeng to hire 4,000, invest in AI


Premium stage: An XPeng Inc G9 electric vehicle at the Shanghai Auto Show. - Bloomberg

SHANGHAI/BEIJING: Chinese electric vehicle maker Xpeng said it would hire 4,000 this year and invest millions in artificial intelligence, as it seeks to survive what it describes as a "bloody sea" of competition in the world's largest auto market.

The additional employees would represent a 25% expansion of the Volkswagen-backed EV maker's workforce from the latest headcount of 15,829 at the end of 2022.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Xpeng , EV , electric vehicle , artificial intelligence , AI ,

Next In Business News

World markets jolted, dollar dips as Trump vows tariffs on Europe over Greenland
Oil prices steady as ebbing Iranian protests lower chance of US attack
Foreign funds log second straight week of net inflows of RM716.1mil
Ringgit opens higher against greenback on better-than-expected 4Q GDP estimates
FBM KLCI slips on profit-taking as US-EU geopolitical tension escalates
Trading ideas: Binastra, Capital A, Allianz, MN, Vestland, Genting Plantations, YTL Cement, Pimpinan Ehsan, TH Plantations, Marine & General, FGV, SumiSaujana
Press Metal earnings outlook bright thanks to hedging
EU set to halt approval for trade deal with the US�
If I were an ageing oil palm tree
Hurdles in DBS’ Alliance Bank bid

Others Also Read