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XPeng Inc., established in 2014, is a prominent Chinese smart electric vehicle (EV) company that designs, develops, manufactures, and markets EVs primarily in China. The company's mission is to create high-quality, cost-effective vehicles that are younger, intelligent, electric, and internet-based. XPeng integrates hardware, software, data, and operations to offer global intelligent travel solutions.
XPeng targets technology-savvy middle-class consumers in the midrange to high-end segments of China's passenger vehicle market. In 2023, the company sold over 141,000 EVs, representing approximately 2% of China's passenger new energy vehicle market. The company is also a leader in autonomous driving technology.
In recent years, XPeng has achieved significant milestones. The company experienced rapid growth since its establishment and, by the end of last year, had a cumulative historical delivery volume exceeding 400,000. In 2023 alone, XPeng delivered more than 140,000 new vehicles.
A key aspect of XPeng's strategy is its entry into the Hong Kong market. This move is part of the company's broader global expansion efforts. In Hong Kong, XPeng has partnered with Sime Darby Motors to bring its latest smart EVs to local consumers through branded showrooms, after-sales support, and comprehensive buying process guidance.
XPeng models such as the pure electric SUV model G6 and the flagship pure electric seven-seater MPV X9 will be among the first to be introduced in Hong Kong, with deliveries starting from Q3. Additionally, XPeng is set to enter Macau with partner XIN KANG HENG HOLDING LTD, offering models like the G9, X9, G6, and P7i.
XPeng has also made strides in technology and innovation. During its AI Day event in May 2024, the company rolled out its AI-powered in-car operating system, XOS 5.1.0 or AI Tianji OS, highlighting its leadership in end-to-end AI model application in the automotive industry. The company aims to achieve nationwide road coverage for its advanced driver-assistance system, XNGP, by the third quarter of this year.
XPeng's commitment to innovation, technology, and customer experience positions it as a key player in the global smart EV market. With headquarters in Guangzhou and offices in Beijing, Shanghai, Silicon Valley, and Amsterdam, XPeng continues to advance its core technologies and expand its market presence.
XPeng Inc. (NYSE: XPEV) plans to report its third quarter 2021 unaudited financial results on November 23, 2021, before the U.S. market opens. The earnings conference call will take place at 8:00 AM ET on the same day, with dial-in details provided for participants in the U.S., UK, and internationally. A live and archived webcast of the call will be available on the company's investor relations website. XPeng is a leading smart electric vehicle company based in Guangzhou, China, focusing on technology-driven automotive solutions.
XPeng Inc. announced its delivery results for
XPeng Inc. (NYSE: XPEV) showcased significant advancements at its 1024 Tech Day in Guangzhou, including the rollout of XPILOT 4.0 in 1H 2023 and innovations in high-voltage supercharging technology. The company announced design plans for a new flying car and introduced autonomous robotic technology, aiming to enhance its smart mobility ecosystem. XPILOT 3.0 has successfully assisted over 11 million kilometers of driving, indicating strong customer adoption and technological leadership in smart driver assistance.
XPeng Inc. (NYSE: XPEV) will host its 2021 TECH DAY event on October 24, 2021, in Guangzhou, China. Chairman and CEO HE Xiaopeng will discuss the company's strategic initiatives, including advancements in smart electric vehicles and autonomous driving technology. The live event in Chinese starts at 10:00 a.m. Beijing time, with English replay available from October 25.
For more details, visit: Business Wire.
XPeng Inc. (NYSE: XPEV) has released its inaugural Environmental, Social, and Governance (ESG) Report, showcasing its commitment to sustainability. Notably, XPeng achieved an 'AA' MSCI ESG rating for the second consecutive year, leading all automotive companies globally. The company highlighted key metrics such as a 5,520-ton reduction in CO2 emissions in 2020 and a 100% recycling rate for solid waste as of May 2021. XPeng has also maintained exceptional safety records and continues to prioritize an inclusive company culture.
XPeng Inc. reported a record 10,412 vehicle deliveries in
XPeng Inc. has announced the upcoming showcase of its fifth-generation flying vehicle, the XPeng X2, at the 13th Airshow China 2021, starting on September 28 in Zhuhai, Guangdong. The X2 features autonomous flight capabilities, real-time environmental perception, and is powered by XPeng's supercharging technology. Weighing 560 kg, it can carry two passengers at speeds up to 130 km/h. This electric vehicle aims to revolutionize urban air mobility with zero carbon emissions and has already completed over 15,000 safe, manned flights.
XPeng Motors has officially launched its third production model, the XPeng P5 smart family sedan, enhancing smart EV technology and safety. Available in six configurations, prices range from RMB 157,900 to RMB 223,900 (US$24,484 to US$34,717), with deliveries to commence in China at the end of October 2021. The P5 features advanced driver assistance technologies, including LiDAR for improved safety and navigation. Notably, it includes a reconfigurable interior, enhancing user comfort and versatility.
XPeng Inc. (NYSE: XPEV) is set to debut its third production model, the XPeng P5 smart family sedan, on September 15, 2021, in China. Customer deliveries are expected to commence in October 2021. The P5, recognized as the world’s first mass-produced smart car equipped with LiDAR, has already garnered strong pre-sale interest with prices ranging from RMB160,000 to 230,000. The launch event will be live-streamed at 7:30 PM Beijing time.
XPeng Inc. reported impressive vehicle delivery results for
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