US Stock Market Move | XPeng, Inc. ADR Sponsored Class A(XPEV.US) rises 3% in pre-market trading, plans to collaborate with Gaode to launch a self-developed Robotaxi model.

On Wednesday, XPeng, Inc. ADR Sponsored Class A (XPEV.US) rose by 3% in pre-market trading, reaching $23.37. In terms of news, on November 5th, the chairman and CEO of XPeng, Inc. ADR Sponsored Class A, He Xiaopeng, announced at the company's Tech Day that Gaode has become the first global ecology partner for Xiaopeng Robotaxi. XPeng, Inc. ADR Sponsored Class A plans to launch three self-developed Robotaxi models and will begin trial operation in 2026. He Xiaopeng revealed that the three Robotaxi models to be released in 2026 will have different prices, with versions having 7 seats, 6 seats, and 5 seats. Xiaopeng's autonomous driving fleet will be integrated into Gaode's ride-hailing platform. It is reported that this partnership will allow XPeng, Inc. ADR Sponsored Class A to leverage Gaode's large user base and mature network resources to obtain key traffic entry points and operational support for its Robotaxi services. At the same time, both parties also plan to work together to expand overseas and promote China's autonomous driving taxi services in international markets.