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China's EV Market Surges Past US and Europe—'China's Elon Musk' Shares Two Stats That Explain Why
Sunday, May 11, 2025 - 2:50pm | 429He Xiaopeng, the cofounder of XPeng (NYSE:XPEV), has revealed that the sales of new electric vehicles (EVs) equipped with advanced “hands-off” driver assist features have seen a significant surge in China over the past decade, outperforming Western markets. What Happened: During...
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Tesla Rival XPeng To Hire Over 6,000 Workers In 2025 Expecting Increased Competition: Report
Tuesday, December 31, 2024 - 6:48am | 407Chinese EV maker and Tesla Inc. rival XPeng (NYSE:XPEV) will reportedly hire over 6,000 workers in the coming year. What Happened: XPeng will hire more than 6,000 workers in 2025 in light of the increased competition expected next year, Reuters reported, citing an internal letter dated Tuesday from...
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XPeng Flying Car Can Be Mastered In 3 Hours, Says Company Chairman
Thursday, November 7, 2024 - 8:27am | 404Chinese EV maker Xpeng Inc.’s (NYSE:XPEV) Chairman He Xiaopeng on Wednesday provided details on its modular flying car called Land Aircraft Carrier, including its sales timeline and driving ease. What Happened: The Land Aircraft Carrier has two parts – a ground module and an air module...
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XPeng CEO Says Tesla's FSD Works Well In Silicon Valley: '2025 Will Be The ChatGPT Moment Of Fully Self-Driving!'
Tuesday, June 25, 2024 - 4:25am | 669Xpeng Inc (NYSE:XPEV) CEO He Xiaopeng on Monday said that 2025 will be the “ChatGPT moment” for fully autonomous driving, after testing out Tesla Inc.’s full self-driving (FSD) technology and Alphabet Inc. subsidiary Waymo’s autonomous driving technologies. What Happened: ...
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Chinese EV Maker Xpeng Offers Test Drive Of Its ADAS To Tesla CEO Elon Musk After He Xiaopeng Tries FSD
Friday, June 21, 2024 - 8:03am | 662Chinese EV maker Xpeng Inc. (NYSE:XPEV) on Thursday offered rival company’s CEO Elon Musk a test driver of its advanced driver assistance system on his next trip to China. The offer came on the heels of XPeng CEO He Xiaopeng testing Tesla Inc.’s (NASDAQ:TSLA) full self-driving (FSD)...
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What's Going On With XPeng Stock?
Thursday, May 2, 2024 - 3:26pm | 501XPeng Inc. (NASDAQ:XPEV) shares are trading higher Thursday after the company reported April delivery figures Wednesday. Here's a look at what's going on. What To Know: XPeng delivered 9,393 EVs in April, representing a 33% increase year-over-year, up 4% over the prior month. The company...
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China's XPeng Takes On Tesla's Optimus With Bipedal Robot — And The Internet Already Wants A Machine Fight
Wednesday, October 25, 2023 - 4:07am | 616Chinese EV maker XPeng Inc (NYSE:XPEV) showcased its bipedal robot at its fifth annual Tech Day held in Guangzhou on Tuesday. The Optimus Rival: “From our next-generation flying cars to humanoid robots, we are dedicated to pushing the boundaries of technology and spearheading future mobility...
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WATCH: XPeng Aeroht Successfully Tests Multi-Parachute Rescue System For Its Flying Car
Saturday, October 21, 2023 - 4:33am | 505XPeng Aeroht said on Friday that the company has developed a multi-parachute rescue system for its X2 flying car. The flying car company is affiliated with Chinese EV manufacturer Xpeng Inc (NYSE:XPEV). What Happened: “XPENG AEROHT’s self-developed multi-parachute rescue system for...
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Apple CarPlay Good But Won't Fit In With These Cars, Xpeng CEO Says
Wednesday, June 8, 2022 - 6:14am | 348Xpeng Inc (NYSE: XPEV) chairman and CEO He Xiaopeng believes Apple Inc’s (NASDAQ: AAPL) CarPlay is a good solution for the current generation of cars, but not for the next generation of smart cars, CnEVpost reported on Wednesday, citing the executive’s social media post. What...
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Cathie Wood-Backed EV Maker Xpeng Clinches $1.14B Term Loan Deal To Fund Growth
Wednesday, April 27, 2022 - 9:57am | 452Chinese electric vehicle maker XPeng, Inc. (NYSE: XPEV) has signed an agreement that would secure additional funding for the company to fuel growth. What Happened: XPeng agreed with the Agricultural Bank of China, a state-owned bank, for a comprehensive credit line of up to 7.5 billion yuan ($1.14...
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Tesla Reportedly Plans For 'Closed-Loop Production System' As Giga Shanghai Set To Restart
Saturday, April 16, 2022 - 3:55pm | 510Tesla, Inc. (NASDAQ: TSLA) may finally be preparing to restart operations at its Giga Shanghai, with multiple reports pointing to some degree of reopening by the unfolding week. What Happened: The latest rumor doing the rounds is that Tesla is eying something called a "closed-loop production...
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This Cathie Wood-Backed Chinese EV Maker Becomes Latest To Push Back New Vehicle Launch
Wednesday, April 6, 2022 - 2:32pm | 515Chinese EV startup XPeng, Inc. (NYSE: XPEV) has joined its peers in pushing back the launch schedule of its new model, although the reason(s) thereof remains unclear. What Happened: XPeng's fourth vehicle model, the G9 SUV, will likely make its appearance only in June, CnEVPost reported,...
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Tesla, Nio Rival Xpeng Is Targeting 25% Gross Margin: Key Takeaways From Q4 Earnings Call
Tuesday, March 29, 2022 - 2:54am | 490Xpeng Inc (NYSE: XPEV) co-founder and CEO He Xiaopeng said on Monday the electric vehicle maker is targeting a gross margin of 25% or more in the medium and long term. What Happened: Xpeng’s gross margin, a closely followed metric, fell to 12% in the fourth quarter...
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What The XPeng CEO Thinks About China's NEV Market Growth
Tuesday, October 19, 2021 - 5:02pm | 394The CEO of electric car manufacturer XPeng Inc - ADR (NYSE: XPEV) He Xiaopeng said China's new energy vehicles (NEV) are expected to make up over 35% of new vehicle sales in China in 2025. China is promoting NEVs, including battery-electric, plug-in hybrid and hydrogen fuel...
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Nio, Xpeng, Li Auto CEOs Bleed $10B In EV Market Carnage Led By Tesla
Wednesday, February 24, 2021 - 5:06am | 585The plunge in the shares of Tesla Inc (NASDAQ: TSLA) has extended to the fortunes of Chinese EV honchos who saw $10 billion eroded from their wealth, Bloomberg reported Tuesday. What Happened: Notable among those who have seen a fall in wealth include Xpeng Inc (NYSE: XPEV) CEO He Xiaopeng. His...