XPeng CEO He Xiaopeng is expanding international media access to test the company's VLA 2.0 autonomous driving system, which uses AI to improve driving decisions and reduce human intervention. The system has shown better performance than Tesla's latest FSD version in early tests. XPeng also reported a strong recovery in March vehicle deliveries, rising 80% from February, though first-quarter deliveries remain down year-over-year. This push aims to build global credibility for XPeng's next-gen autonomous technology as it regains market momentum.
XPeng reported a weak first quarter with declining deliveries and negative revenue growth, raising concerns amid a slow Chinese New Energy Vehicle market. However, the company expects a strong rebound in vehicle sales and revenue in the second half o...
The global electric vehicle (EV) market is projected to grow annually by 9.0%, reaching a value of $2.74 trillion in 2026, driven by regulatory changes, expanded charging infrastructure, and battery supply-chain development. Key growth areas include ...
The Software Defined Vehicle (SDV) market is projected to expand from USD 447.55 billion in 2026 to USD 1,707.36 billion by 2035, growing at a compound annual growth rate (CAGR) of 16.0%. This growth is driven by the automotive industry's shift towar...
XPeng delivered 103,295 vehicles in Q2, exceeding its guidance midpoint, with strong sales of the Mona model and the new GX SUV launched in May. Mona-branded vehicles made up 36% of June deliveries, while the GX SUV accounted for 17%, supporting expe...
