STOCKS | Xpeng CEO He Xiaopeng to Also Lead Robot Business as CEO, Report Says

Xpeng (9868) Chairman and CEO He Xiaopeng said in an internal letter that he will, effective immediately, also personally serve as CEO of the group’s robot business. According to Ming Pao, mainland media outlet Yicai cited sources saying He wrote that the group is at a historic turning point and that Xpeng’s robot unit is approaching the eve of mass production and commercialization.