Xpeng's Gu says robotaxis won't be a real business for at least five years

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Xpeng, a China-based electric car startup that is also selling in Europe, has made driver-assist software one of its selling points.

Published 11 mins agoSelf-driving taxis won't be a significant business for at least five years, Xpeng Vice Chairman and Co-President Brian Gu said Thursday.

Chinese tech companies such as Baidu and Pony.ai have received permission from local authorities in parts of China to charge fares for fully driverless taxis.Vice Chairman and Co-President Brian Gu said Thursday.as a company that is developing artificial intelligence software for the commercialization of a robotaxi network.

While robotaxis will be transformative for mobility if they become prevalent,"to have a real, full-fledged commercial operation. I think it's more than 5 years away," Gu told reporters on the sidelines of the Beijing auto show.Sign up for NBC LA newsletters. "Right now it's not something that we are considering when we are launching and planning the sales," he said.

"I think there will be a lot of testing," Gu said, noting that in China there is interest in showing off technology and marking milestones.

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