Xpeng

Xpeng secures credit lines totaling RMB 12.8 billion from five Chinese banks

Xpeng today announced that it has received credit facilities totaling RMB 12.8 billion from five Chinese banks to support its business operations and the construction of its production and sales and service systems.

Xpeng chairman expects several tech companies to enter car-making industry this year

He said that several tech companies may become new car makers in different models this year, which will have a very positive accelerating impact on the arrival of a new mobile ecosystem.

Xpeng will open NGP Beta experience to selected users on Jan 11

With NGP, vehicles can navigate autonomously from point A to point B on the highway covered by high precision maps.

Xpeng announces new sedan coming, expected to be equipped with LiDAR

Xpeng said in a poster that the sedan will feature a new design and hinted that it will be equipped with LiDAR.

Xpeng deliveries up 326% year-on-year to 5,700 units in December, a new all-time high

Chinese electric car company Xpeng Motors (NYSE: XPEV) saw its December deliveries reached a record high of 5,700 units, up 326 percent year-on-year, the company said Monday.

Xpeng CEO hints confident to deal with Tesla's price cut

"We are quite confident to respond to this price cut by our competitor on New Year's Day, without even having an internal conference call."

How will Xpeng respond to potential shorting? CEO responds

Short sellers are active in the US stock market, for example, Tesla has been plagued by short sellers for a long time and Nio has been shorted as well. How should Xpeng respond if it also encounters this situation?

Xpeng will launch flying car at end of 2021 and open for test drive

Probably in the next four years, "you'll see a few new gadgets coming out of Xpeng that are beyond everyone's imagination," said Xpeng Chairman and CEO He Xiaopeng.

Xpeng announces its LiDAR supplier as Livox, a company incubated by drone maker DJI

Xpeng will release the world's first production vehicle with LiDAR in 2021.

Xpeng increases the number of cities offering free lifetime charging for car owners to 100

Xpeng began offering the free service on September 26, 2020, when Beijing became the first city to offer free lifetime charging to Xpeng owners.
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