Latest news with #HeXiaopeng
Yahoo
17-06-2025
- Automotive
- Yahoo
Xpeng working to integrate advanced AI chips into VW cars in China
Chinese EV manufacturer Xpeng is reportedly working to integrate its self-developed AI chip into certain car models that Volkswagen (VW) plans to launch in China next year. Xpeng expects that in addition to Volkswagen, other automotive companies will also become customers for these advanced Turing chips designed for autonomous driving, reported The Financial Times. Xpeng chairman and CEO He Xiaopeng said: 'Developing chips is fundamentally a long-term commitment, as Xpeng envisions doing a lot of things across cars, aircraft and robotics. We need a type of chip that can support these platforms and also power our [AI] large language model.' The company is also engaged in discussions to provide chips to additional car manufacturers. "We are seeking long-term partners," Xiaopeng stated. A VW spokesperson in China was quoted by the financial daily as saying: 'As announced, Volkswagen and Xpeng are jointly developing two Volkswagen brand cars for the mid-class segment. Both parties contribute their respective strength. These cars will be launched next year.' Xpeng's latest product highlights China's chip design efforts, part of a long-standing goal to lessen reliance on foreign semiconductors. In the automotive industry, there is a growing demand for high-end AI chips to support the development and operation of advanced driver assistance and autonomous driving systems. In 2023, the German company invested $700m for a 5% stake in Xpeng, as part of a strategic initiative to adapt to the global shift towards EVs. This partnership has seen Volkswagen engineers collaborating with Xpeng at their facilities in Hefei and Guangzhou to enhance Volkswagen's smart-driving capabilities. Xpeng is reportedly investing approximately about $700m annually in the development of AI-related technologies, which constitutes about half of the company's total research and development budget. This investment has enabled Xpeng to become the 'first Chinese automaker' to introduce autopilot features for expressways and a fully voice-controlled smart cabin system, stated Xiaopeng. The advanced chips are claimed to have a computing power of 2,200 tera-operations per second (TOPS), which is based on how many trillion operations a processor can execute in one second. In comparison, vehicles commonly available in the Chinese market typically range from 80 to 700 TOPS. While referring to the processor made by Nvidia, Xiaopeng said at a launch event for enabled Xpeng G7 car: 'The effective computing power of the Turing AI chip is three times greater than that of the leading autonomous driving chip, Orin-X.' Xpeng plans to expand its chip business to recover the significant investments it has made in recent years. In May, Xpeng partnered with European EV charging network provider Plugsurfing to offer its users access to more than 940,000 charging points across 27 countries. "Xpeng working to integrate advanced AI chips into VW cars in China" was originally created and published by Just Auto, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
South China Morning Post
12-06-2025
- Automotive
- South China Morning Post
Chinese EV maker Xpeng, peers look to win over Hongkongers to power global push
He Xiaopeng, co-founder and CEO of the Guangzhou-based carmaker, said in Hong Kong on Thursday that testing of its Xpeng Navigation Guided Pilot (X NGP) driver-assistance system in the city would take only two months before sales could begin. However, he added that testing could start only after regulators gave Xpeng the green light to promote the software. 'I expect our technology to help Hong Kong improve [logistics] efficiency and driving safety,' He told reporters during the four-day 2025 International Automotive & Supply Chain Expo, which runs through Sunday. 'Xpeng and other mainland Chinese companies have abundant new technologies that can be introduced to Hong Kong.' Cars fitted with X NGP are viewed as semi-autonomous because drivers are still required to be hands-on and fully alert. The system, similar to Tesla's FSD , had performed better than its US rival on the mainland because Xpeng invested heavily in fleet-data analysis and training algorithms to reduce failure rates, according to David Zhang, secretary general of the International Intelligent Vehicle Engineering Association.
Yahoo
15-05-2025
- Automotive
- Yahoo
Xpeng Launches ChatGPT-Endorsed EV to Rival Tesla
Xpeng (NYSE:XPEV) debuted its second-generation P7 super saloon as more than a car, powered by its in-house Turing AI chip and boasting simulation-trained autonomous driving and a conversational smart cockpit. CEO He Xiaopeng said the EV answers the artificial intelligence era in form and function, aiming squarely at mid-sized rivals like Tesla's Model 3. Despite the fanfare, Xpeng shares slid 2.3% on the news. Warning! GuruFocus has detected 2 Warning Sign with XPEV. The robot-like dance of features extends to rapid processing and humanlike vehicle responses, with Xpeng claiming the world's first AI-defined vehicle. International Motorsthe Xpeng UK importerplans five premium EV models by 2028, starting with G6, X9 and G9 SUVs and potentially rolling out the P7 overseas. Meanwhile, Tesla (NASDAQ:TSLA) is reeling: its China weekly deliveries plunged 58% from the prior week and 69% year-over-year in early May, according to local registration data. Xpeng's bold push arrives amid mounting pressure on Tesla as rival BYD (BYDDY) ramps EV output and Musk's brand cools in key markets. Xpeng's tighter AI integration and local manufacturing could help it carve market share, but execution risks remain high as external sales plans are still murky. With 5,000 Optimus bots slated next year and now AI cars hitting the road, the automation arms race in China is intensifying. Why it matters: If Xpeng scales AI-first vehicles abroad, it could disrupt Tesla's China stronghold and accelerate global EV competition. Investors will watch Xpeng's overseas rollout timeline and Tesla's June-quarter delivery trends for clues on who leads the AI-EV frontier. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
15-05-2025
- Automotive
- Yahoo
Xpeng Launches 'AI-Defined' P7 EV to Take on Tesla
Xpeng (NYSE:XPEV) unveiled a new version of its P7 electric vehicle on Thursday, positioning it as an advanced AI-powered sedan aimed at intensifying competition with Tesla (NASDAQ:TSLA). The second-generation P7, described by CEO He Xiaopeng as more than a car, integrates Xpeng's in-house Turing AI chip. The company claims the vehicle is the first AI-defined model, offering autonomous driving features and a conversational voice assistant designed to mimic human interaction. Warning! GuruFocus has detected 2 Warning Sign with XPEV. The car targets the same segment as Tesla's Model 3, a key seller in the mid-size EV space. Xpeng said the vehicle's performance and intelligent systems align with the demands of an AI-driven future. It remains unclear whether the P7 will be sold outside China. However, Xpeng's UK distributor, International Motors, expects to roll out five models in the country by 2028. Current offerings include the G6, G9, and X9 SUVs. Xpeng shares dropped nearly 2% following the launch. The broader EV market has faced headwinds, with Tesla's China sales reportedly falling 69% year-over-year during the week of May 5 to 11. This article first appeared on GuruFocus.
South China Morning Post
15-05-2025
- Automotive
- South China Morning Post
Chinese EV maker Xpeng launches AI-chip powered P7 to take on Tesla Model 3, Xiaomi SU7
He Xiaopeng, CEO of the Guangzhou-based carmaker, said the refreshed P7 would set the benchmark for next-generation EVs, and highlights technological advances of Chinese smart EVs. 'The next-generation P7 is more than a car, it's Xpeng's answer for the AI era in form and function,' the CEO told a virtual launch ceremony on Thursday. The P7 sedan, which would be priced from about 300,000 yuan (US$41,630), was expected to hit the mainland Chinese market in July or August, according to the company. An XPeng P7+ electric vehicle is displayed at the company's showcase event in Hong Kong in April. Photo: AP It is 'a bold, emotional and athletic 5-seater coupe that raises the bar in both aesthetics and performance', Xpeng said. The P7 will be equipped with Xpeng's indigenous Turing chip, which has not yet been used in any production model.
