Xpeng
What is the profitability bottleneck for Nio, Xpeng?
On October 22, Tesla announced its third-quarter financial results, with revenue and net profit up sharply year-over-year, and has been profitable for five consecutive quarters.
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.
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.
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.
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.
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.
Nio, Xpeng in-vehicle system offline due to operator network failure
The vehicles of Chinese EV makers Nio (NYSE: NIO) and Xpeng Motors (NYSE: XPEV) were affected by the network failure of telecommunication carriers, which caused inconvenience to their car systems.
Xpeng launches price protection policy in contrast to Tesla in China
A recent price cut on the China-made Tesla Model 3 has sparked a lot of discontent among new car owners. Seemingly in response, the company's local rival, Xpeng Motors, has taken the opportunity to introduce a price protection scheme for owners.
Xpeng delivers a record 8,578 units in Q3, up 266% year on year
Tesla's Chinese rival Xpeng Motors said on October 4 that it delivered 8,578 vehicles in the third quarter, up 266 percent year on year and a new high for quarterly deliveries.
Xpeng's founder is also a low-profile VC funder
Apart from building cars, Xpeng Motors founder He Xiaopeng's LP portfolio has been little known.
