G6

XPENG Announces Vehicle Delivery Results for March and First Quarter 2024

Retrieved on: 
Monday, April 1, 2024

GUANGZHOU, China, April 01, 2024 (GLOBE NEWSWIRE) -- XPeng Inc. (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today announced its vehicle delivery results for March and the first quarter of 2024.

Key Points: 
  • GUANGZHOU, China, April 01, 2024 (GLOBE NEWSWIRE) -- XPeng Inc. (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today announced its vehicle delivery results for March and the first quarter of 2024.
  • In March 2024, XPENG delivered 9,026 Smart EVs, representing a 99% increase over the prior month and 29% increase year-over-year.
  • The XPENG X9 maintained its position as the top-selling all-electric MPV in China, with 3,946 units delivered in March and nearly 8,000 units delivered since its launch.
  • Overall, XPENG delivered 21,821 Smart EVs in the first quarter of 2024, a 20% increase from last year.

XPENG announces ASEAN partnerships in Thailand and Featured at the 45th Bangkok International Motor Show

Retrieved on: 
Monday, March 25, 2024

As part of XPENG's international expansion plans, a growing list of new partners from XPENG's strategic markets have joined XPENG in bringing the brand’s latest smart EVs to local consumers, including Premium Automobiles from Singapore, and Bermaz Auto from Malaysia.

Key Points: 
  • As part of XPENG's international expansion plans, a growing list of new partners from XPENG's strategic markets have joined XPENG in bringing the brand’s latest smart EVs to local consumers, including Premium Automobiles from Singapore, and Bermaz Auto from Malaysia.
  • The XPENG global market strategy focuses on establishing partnerships with local importers/dealers to create a first-class distribution, sales, and service network in various regions.
  • XPENG will offer the G6 SUV in Thailand, Singapore, and Malaysia, and start delivering from Q3 2024.
  • Developed for global markets, the G6 is underpinned by XPENG’s evolutionary Smart Electric Platform Architecture (SEPA) 2.0 platform, which sets the foundation for future production models while shortening development cycles and reducing manufacturing costs.

XPENG Reports Fourth Quarter and Fiscal Year 2023 Unaudited Financial Results

Retrieved on: 
Tuesday, March 19, 2024

Gross margin was 6.2% for the fourth quarter of 2023, compared with 8.7% for the same period of 2022 and negative 2.7% for the third quarter of 2023.

Key Points: 
  • Gross margin was 6.2% for the fourth quarter of 2023, compared with 8.7% for the same period of 2022 and negative 2.7% for the third quarter of 2023.
  • Vehicle margin was 4.1% for the fourth quarter of 2023, compared with 5.7% for the same period of 2022 and negative 6.1% for the third quarter of 2023.
  • Basic and diluted net loss per ADS were both RMB1.51 (US$0.21) for the fourth quarter of 2023, compared with RMB2.74 for the fourth quarter of 2022 and RMB4.49 for the third quarter of 2023.
  • Non-GAAP basic and diluted net loss per ADS were both RMB1.98 (US$0.28) for the fourth quarter of 2023, compared with RMB2.57 for the fourth quarter of 2022 and RMB3.23 for the third quarter of 2023.

2023 in Review: Eclipse Software Defined Vehicle (SDV) Accelerates Automotive Tech Innovation through Open Source Collaboration

Retrieved on: 
Tuesday, February 27, 2024

The year marked several noteworthy highlights, showcasing our unwavering commitment to innovation in the automotive tech landscape:

Key Points: 
  • The year marked several noteworthy highlights, showcasing our unwavering commitment to innovation in the automotive tech landscape:
    Inaugural Automotive Open Source Summit Success:
    In early June, Eclipse SDV successfully launched its first-ever Automotive Open Source Summit .
  • Geared towards automotive tech executives, thought leaders and senior managers, the summit showcased speakers from Eclipse automotive initiatives and beyond.
  • Discover opportunities to actively contribute to the global centre of gravity for software defined vehicle innovation and collaboration.
  • Later this year, the Eclipse Foundation will be hosting its inaugural event focused on automotive open source at the Open Code for Automotive conference, co-located with its newest global event for open source software, the Open Code Experience (OCX) , taking place on 22-24, October 2024 in Mainz, Germany.

XPENG announces dealer partnerships in UAE, Egypt, Azerbaijan, Jordan and Lebanon

Retrieved on: 
Thursday, February 22, 2024

XPENG, a leading Chinese smart electric vehicle company, announces dealer partnerships in UAE, Egypt, Azerbaijan, Jordan and Lebanon.

Key Points: 
  • XPENG, a leading Chinese smart electric vehicle company, announces dealer partnerships in UAE, Egypt, Azerbaijan, Jordan and Lebanon.
  • Through the partnerships, XPENG will bring its EVs to local consumers within each region with branded showrooms and start-to-end customer support throughout the buying process.
  • The partnerships mark several "firsts" for XPENG on its road to globalisation as it aspires to become a leading player in the EV sector.
  • This year, XPENG will start delivering these vehicles in Jordan and Lebanon from Q2, and in Egypt from Q3.

Insulet’s Randomized Controlled Trial (OP5-003) Demonstrates Omnipod® 5 Automated Insulin Delivery System is Superior to Pump Therapy

Retrieved on: 
Friday, March 8, 2024

The OP5-003 Trial results were presented at the 17th International Conference on Advanced Technologies & Treatments for Diabetes (ATTD) in Florence, Italy.

Key Points: 
  • The OP5-003 Trial results were presented at the 17th International Conference on Advanced Technologies & Treatments for Diabetes (ATTD) in Florence, Italy.
  • "Omnipod 5 continues to demonstrate impressive clinical outcomes for people with type 1 diabetes,” said Professor Renard.
  • The control group (n=62) continued to use their usual insulin pump with a Dexcom G6 CGM, while the intervention group (n=132) used Omnipod 5 with Dexcom G6.
  • In conclusion, this multi-national, RCT data demonstrates the superiority of the Omnipod 5 AID System compared to standard pump therapy with CGM and indicates that it should be offered as a first-line therapy for adults with type 1 diabetes.

Dexcom Showcases Leadership in AID and Power of Dexcom CGM in Type 2 Diabetes With New Data at ATTD

Retrieved on: 
Tuesday, March 5, 2024

Dexcom also announced data showcasing the significant benefits of CGM use for individuals managing Type 2 diabetes, along with groundbreaking evidence demonstrating a direct association between CGM use and reduced mortality in people with Type 1 and Type 2 diabetes.

Key Points: 
  • Dexcom also announced data showcasing the significant benefits of CGM use for individuals managing Type 2 diabetes, along with groundbreaking evidence demonstrating a direct association between CGM use and reduced mortality in people with Type 1 and Type 2 diabetes.
  • Globally, we’ve expanded access to Dexcom products by over 5 million people,” said Kevin Sayer, President, CEO, and Chairman of the Board at Dexcom.
  • Dexcom has continued to drive access to its pioneering real-time CGM technology, launching its best-in-class G7 sensor in 16 new markets since ATTD 2023.
  • Further demonstrating the value of AID systems powered by Dexcom CGM, Dexcom will showcase recently published evidence at ATTD 2024.

Edgepark adding first-of-its kind, fully automated insulin delivery system to diabetes portfolio

Retrieved on: 
Tuesday, February 13, 2024

TWINSBURG, Ohio, Feb. 13, 2024 /PRNewswire/ -- Edgepark announced today it is offering the newly launched Beta Bionics iLet Bionic Pancreas fully automated insulin delivery (AID) system as part of its comprehensive diabetes management solution portfolio. The iLet is the first and only system that does not require carbohydrate counting* and fully automates 100 percent of insulin doses. Designed for anyone six years of age and older living with Type 1 diabetes, it eliminates the traditional manual work previously involved with using an insulin pump.

Key Points: 
  • TWINSBURG, Ohio, Feb. 13, 2024 /PRNewswire/ -- Edgepark announced today it is offering the newly launched Beta Bionics iLet Bionic Pancreas fully automated insulin delivery (AID) system as part of its comprehensive diabetes management solution portfolio.
  • The iLet is the first and only system that does not require carbohydrate counting* and fully automates 100 percent of insulin doses.
  • "Edgepark is thrilled to offer the iLet as a first-of-its-kind device that uses automation to make diabetes simpler to navigate."
  • As with any insulin delivery system, users must also be able to load the insulin pump with insulin, insert an infusion set and troubleshoot when challenges occur.

Tandem Diabetes Care Launches Tandem Mobi, the World’s Smallest, Durable Automated Insulin Delivery System

Retrieved on: 
Tuesday, February 13, 2024

(NASDAQ: TNDM), a leading insulin delivery and diabetes technology company, today announced the United States commercial launch of its new Tandem Mobi, the world’s smallest, durable automated insulin delivery system for people living with diabetes.

Key Points: 
  • (NASDAQ: TNDM), a leading insulin delivery and diabetes technology company, today announced the United States commercial launch of its new Tandem Mobi, the world’s smallest, durable automated insulin delivery system for people living with diabetes.
  • View the full release here: https://www.businesswire.com/news/home/20240213214991/en/
    Tandem Mobi, the world’s smallest, durable insulin delivery system, now shipping in the United States.
  • The Tandem Customer Care team is available now to help determine eligibility and potential timing of pump shipments for customers.
  • People living with diabetes interested in the Tandem Mobi system can start the order process at: www.tandemdiabetes.com/mobi .

PureWeb Unveils High-Performance On Demand Providers Revolutionizing Streaming Experiences

Retrieved on: 
Thursday, January 25, 2024

PureWeb, a leading innovator in cloud-based streaming solutions, is proud to announce an important addition to its platform - the release of high performance On Demand infrastructure providers.

Key Points: 
  • PureWeb, a leading innovator in cloud-based streaming solutions, is proud to announce an important addition to its platform - the release of high performance On Demand infrastructure providers.
  • These providers, powered by top-tier rendering GPUs available in CoreWeave, are set to redefine the streaming landscape and empower creators to achieve unparalleled performance.
  • These specifications make them the ideal choice for handling the most demanding Unreal Engine and Unity streaming projects.
  • “What sets these new providers apart is their exceptional performance,” says Chris Jarabek, VP of Product Development at PureWeb.