XPeng (XPEV) expands XNGP in China market

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China EV brands report 4Q delivery surge

January 2, 2024 11:01 AM EST

Chinese electric vehicle brands reported 4Q delivery results this week.

XPeng (NYSE: XPEV) delivered 20,115 vehicles in December, showing no change compared to the previous month but marking a significant 78% increase from the same period last year. Their fourth-quarter 2023 deliveries reached 60.2k vehicles, aligning with the lower end of the 59.5k to 63.5k guidance range. Throughout 2023, XPeng... More

XPENG (XPEV) Expands Nationwide Coverage of XNGP for China Market

December 29, 2023 8:02 AM EST

XPeng Inc. (XPENG or the Company, NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (Smart EV) company, today announced it has successfully rolled out its XNGP Advanced Driver Assistance System (ADAS) for customers in 27 more cities, including Tianjin, Chengdu, Xi'an, Wuhan and Changsha. To date, XNGP is available for all the XPENG Max... More

China’s Xiaomi unveils first EV

December 28, 2023 10:09 AM EST

Chinese smartphone maker Xiaomi unveiled its first electric vehicle (EV) on Thursday, while also announcing the companys ambitious goal of becoming one of the worlds top five automakers.

The upcoming sedan, named SU7 (with SU standing for Speed Ultra), is generating a lot of excitement. Chief Executive Lei Jun has highlighted its "super electric motor" technology, boasting acceleration speeds faster than those of Tesla (NASDAQ: TSLA)... More