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Autonomous Driving Is Closer Than You Think. But Not Because of Tesla.

AutoX autonomous taxi car

With costs falling for some of the most expensive autonomous driving technology parts, self-driving cars at a reasonable price point may be here sooner than investors may realize.

Chinese electric-vehicle maker XPeng (ticker: XPEV) showed off its new sedan, the P5, on Wednesday, equipped with an autonomous-vehicle platform that the company calls “market-leading.”

Pricing for the P5 isn’t available, but the new lidar sensor included from Livox won’t break the bank. Pricing should be available at the Shanghai Auto Show and shouldn’t be out of line with other XPeng models.

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