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.

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