NewsHK
Electric-vehicle demand has been the operative question across the sector, and Xpeng's latest guidance renewed it sharply.
Shares in the Chinese automaker slid after the company issued a weak delivery forecast, even as its nascent robotics business secured a valuation of $6.3 billion, a figure that nearly matches the company's core EV operation in scale.
The valuation the market looked past The near-parity between Xpeng's robotics business and its established EV operation is the more striking data point in the day's news, and it deserves some time.
A nascent unit, described as such by the company, has been valued at roughly the same scale as the car business that funds the operation.
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