XPENG | Jotup

XPENG Announces Vehicle Delivery Results for March and First Quarter 2024

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Monday, April 1, 2024

EV, XPEV, XPENG, ADAS, G6, HKEX, Mobile phone

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

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Monday, March 25, 2024

EV, XPEV, PTT, EVS, XPENG, Partnership, G6, HKEX, XPeng, Bangkok International Motor Show

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

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Tuesday, March 19, 2024

Research, Master, Volkswagen Group, Platform, Three Months, Growth, XPENG, Partnership, Volkswagen, Software, ADS, G9, G6, Loss, Advertising, Investment, MPV, Marketing, Hand, Engineering, Total, Video game

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.

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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.

NVIDIA DRIVE Powers Next Generation of Transportation — From Cars and Trucks to Robotaxis and Autonomous Delivery Vehicles

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Monday, March 18, 2024

EV, GTC, AD1, BYD, Brain, Nuro, Li Auto, EVS, XPENG, DRIVE, SAN, Nvidia Drive, WeRide, Transport, AI, LLM, NVIDIA, GAC, Nvidia Omniverse, Video game

DRIVE Thor is an in-vehicle computing platform architected for generative AI applications, which are becoming paramount within the automotive industry.

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DRIVE Thor is an in-vehicle computing platform architected for generative AI applications, which are becoming paramount within the automotive industry.
Hyper is currently using NVIDIA DRIVE Orin to power its flagship model Hyper GT, which features advanced level 2+ driving capabilities.
XPENG has also announced it will use the NVIDIA DRIVE Thor platform as the AI brain of its next-generation EV fleets.
The company plans to integrate DRIVE Thor in its Waabi Driver to power safe and reliable autonomous trucks at scale.

XPENG Announces Vehicle Delivery Results for February 2024

Retrieved on:

Friday, March 1, 2024

BEV, XPEV, ADAS, HKEX, City, CNY, XPENG, MPV

GUANGZHOU, China, March 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 February 2024.

Key Points:

GUANGZHOU, China, March 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 February 2024.
In February 2024, XPENG delivered 4,545 Smart EVs.
On February 29, 2024, XPENG announced the rollout of unlimited XNGP ADAS function for its experienced ADAS users in China.
During the period from January 26 to February 26, XPENG owners’ total smart driving mileage hit 69,777,180 kilometers.

XPENG and the Volkswagen Group Announce Entry into Master Agreement on Strategic Technical Collaboration and Joint Sourcing Program

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Thursday, February 29, 2024

Software, Engineering, EV, XPEV, News, B class, Master, HKEX, Volkswagen Group, Smart electric drive, Volkswagen, Platform, XPENG, Partnership, Industrial design

The executed agreements not only accelerate the joint development of the two B-class battery electric vehicles but also pave the way for an extended and deeper strategic collaboration in the future.

Key Points:

The executed agreements not only accelerate the joint development of the two B-class battery electric vehicles but also pave the way for an extended and deeper strategic collaboration in the future.
As part of the Master Agreement, both parties have also entered into a Joint Sourcing Program for the common parts of vehicles and platform that used by both parties.
“The signing of the Master Agreement represents another significant milestone we achieved together with our partner Volkswagen Group.
There is no precedent of the strategic partnership between Volkswagen and XPENG.

The XPENG G9 delivered top performances in severe winter weather conditions during 2024 NAF Winter Test

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Monday, February 12, 2024

XPeng, EV, G9, XPEV, SUV, Norwegian Automobile Federation, HKEX, NAF, SOC, XPENG, WLTP

The XPENG G9 sent for testing was the 4WD Performance version, which is the best-selling vehicle within the brand's European portfolio.

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The XPENG G9 sent for testing was the 4WD Performance version, which is the best-selling vehicle within the brand's European portfolio.
The G9 also ranked #5 in the range test, with a 13.1% real-world deviation rate to its WLTP range.
According to the report, all cars were affected by driving conditions and low temperatures in the winter test to varying degrees.
For more details on the NAF winter charging test, see here .

XPENG Announces Vehicle Delivery Results for January 2024

Retrieved on:

Thursday, February 1, 2024

ADAS, City, HKEX, XPEV, XPENG, Food delivery

8,250 vehicles delivered in January 2024, a 58% increase year-over-year

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8,250 vehicles delivered in January 2024, a 58% increase year-over-year
GUANGZHOU, China, Feb. 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 January 2024.
In January 2024, XPENG recorded monthly deliveries of 8,250 Smart EVs, representing a 58% increase year-over-year.
The Company aims to extend its end-to-end XNGP coverage to major urban road networks, parking spaces, and private roads nationwide by 2024.
Additionally, XPENG plans to initiate R&D on Highway NGP for overseas markets this year and on XNGP in 2025.

Navitas and SHINRY Accelerate New-Energy Vehicle Developments with Next-Gen Power Semiconductors

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Thursday, January 25, 2024

Silicon, XPENG, Research, BYD, BAIC, Renewable energy, GM, Geely, Hyundai, EV, Silicon carbide, ICS, NEVS, NEV, Engineering, Gallium nitride

On January 16th, 2024, Peter (Jingjun) Chen, COO of SHINRY, along with Navitas’ Gene Sheridan, CEO and Navitas’ Charles (Yingjie) Zha, VP and GM plus other senior executives attended the joint lab’s opening ceremony at SHINRY headquarters in Shenzhen.

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On January 16th, 2024, Peter (Jingjun) Chen, COO of SHINRY, along with Navitas’ Gene Sheridan, CEO and Navitas’ Charles (Yingjie) Zha, VP and GM plus other senior executives attended the joint lab’s opening ceremony at SHINRY headquarters in Shenzhen.
The joint lab brings together experienced, highly-professional engineers from Navitas and SHINRY to build efficient, collaborative R&D platforms.
“As an advanced supplier in the field, Navitas will assist in creating more advanced, energy-efficient, and higher-efficiency power system products.
I believe the establishment of this joint lab will comprehensively accelerate the design and market launch of SHINRY's products and further enhance the market competitiveness of SHINRY products.”
“We are excited to join with SHINRY to establish a new lab for next-gen power semiconductors, assisting SHINRY in creating advanced power systems.” said Gene Sheridan, Navitas’ co-founder & CEO.

"Global Top Brands" Awards Ceremony: Global Witness of Scientific and Technological Innovation

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Saturday, January 13, 2024

Experts, scholars, business leaders, and media elites from the global consumer electronics industry gathered together to witness the new trends in consumer electronics development driven by scientific and technological innovation.

Key Points:

Experts, scholars, business leaders, and media elites from the global consumer electronics industry gathered together to witness the new trends in consumer electronics development driven by scientific and technological innovation.
Participating brands undergo comprehensive assessments based on industry popularity, global strategic layout, influence on the international market, and product innovation.
Our scientific and technological innovation focuses mainly on two aspects: the power system of the flying car and a stable and secure flight control system.
The presence of such award-winning brands and products in this GTB truly reflects the significant advancements in consumer electronics driven by scientific and technological innovation.