Xpeng P7
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Xpeng announces new P7 with scissor doors, plans world's first LIDAR-equipped car
Xpeng announced the new Xpeng P7 Wing edition, available in 4WD High Performance and Rear-Wheel Drive versions with a subsidized retail price of RMB 366,900 to RMB 409,900.
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Citi raises price targets on Xpeng and Li Auto
Citi raised price target on Xpeng (XPEV.US) from $34.70 to $57.71, and maintains "Buy" rating. The bank also raised Li Auto (LI.US) rating from "Neutral" to "Buy" with a price target raised to $45.60 from $27.10.
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Xpeng says it has filed a total of 1,574 patents
Since its establishment, Chinese electric car company Xpeng Motors (NYSE: XPEV) has applied for 1,574 patents, including 1,511 domestic patents, said Fan Jinbiao, IP manager of Xpeng.
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Xpeng says it expects its second production base to begin operations in 2022
Tesla's Chinese rival and Alibaba-backed Xpeng Motors's second manufacturing base was settled in the Guangzhou Development Zone in September this year and is scheduled to start production by the end of 2022, the company said in a conference call after announcing its third-quarter results on Thursday.
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Behind Chinese brands' efforts to enter high-end market: to become another Nio or Tesla?
According to the data released by Nio, Li Auto and Xpeng at the beginning of November, they delivered a total of 11,781 new cars in October, surpassing the average monthly sales record of China-made Model 3.
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Xpeng adds six new cities to offer free charging to car owners
Chinese electric car company Xpeng Motors (NYSE: XPEV) announced in September that it would provide free lifetime charging service for Xpeng's first non-operating car owners who charge their cars at designated charging stations in selected cities. The company said today that from October 30, the service will cover new cities such as Haikou, Huizhou, Quanzhou, Weifang, Shantou and Zhuhai.
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Xpeng launches high-speed autopilot function
Vehicles of Chinese electric car company Xpeng Motors (NYSE: XPEV) will be equipped with NGP high-speed autopilot for the first time.
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Xpeng says it will launch its autopilot software XPilot 3.0 in Q1 2021
An executive of Tesla's Chinese rival and Alibaba-backed Xpeng Motors (NYSE: XPEV) said version 3.0 of its autopilot software XPilot will be available in the first quarter of 2021.
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Xpeng P7 gets first major OTA upgrade since launch, brings autopilot assist functionality
Ahead of its "1024 Xpeng Smart Day" event, Tesla's Chinese rival and Alibaba-backed Xpeng Motors said it will push out the Xmart OS 2.1.0 OTA upgrade to P7 users from the evening of October 22.
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Xpeng announces 10,000th P7 off the production line
Chinese electric car company Xpeng Motors (NYSE: XPEV)s announced on October 20 that the 10,000th Xpeng P7 has rolled off the production line. This is less than 160 days since the launch of Xpeng P7 on April 17, making Xpeng P7 the fastest from product launch to 10,000 units off the production line.
