XPENG Expands Nationwide Coverage of XNGP for China Market
29 Diciembre 2023 - 7:00AM
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 trim customers in a total of 52
cities. By early 2024, XNGP will be available in a total of 200
cities across China. XPENG has become the first Chinese automaker
to deliver nationwide urban ADAS coverage at such a scale,
underscoring a key milestone in the Company's technology roadmap to
drive mass adoption of autonomous driving.
XPENG's most recent OTA update also featured
significant enhancements in a broad range of ADAS functions,
bringing XPENG owners a safer, smoother and more comfortable smart
driving experience. XNGP is optimized to adapt to different cities'
driving scenarios.
“The inflection point of ADAS technology will come
with the achievement of nationwide coverage with low cost, a high
level of safety and great customer experience,” said Mr. He
Xiaopeng, Chairman and CEO of XPENG. “I strongly believe that the
demand for ADAS will surge in the next five years, and XPENG will
be the preferred Smart EV brand for consumers.”
About XPENGXPENG is a
leading Chinese Smart EV company that designs, develops,
manufactures, and markets smart EVs that appeal to the large and
growing base of technology-savvy middle-class consumers. Its
mission is to drive Smart EV transformation with technology,
shaping the mobility experience of the future. In order to optimize
its customers’ mobility experience, XPENG develops
in-house its full-stack advanced driver-assistance system
technology and in-car intelligent operating system, as well as core
vehicle systems, including powertrain and the electrical/electronic
architecture. XPENG is headquartered in Guangzhou,
China, with main offices
in Beijing, Shanghai, Silicon Valley, San
Diego and Amsterdam. The Company’s Smart EVs are mainly
manufactured at its plants in Zhaoqing and
Guangzhou, Guangdong province. For more information,
please visit https://heyXPENG.com.
Safe Harbor StatementThis
announcement contains forward-looking statements. These statements
are made under the “safe harbor” provisions of the United States
Private Securities Litigation Reform Act of 1995. These
forward-looking statements can be identified by terminology such as
“will,” “expects,” “anticipates,” “future,” “intends,” “plans,”
“believes,” “estimates” and similar statements. Statements that are
not historical facts, including statements about XPENG’s beliefs
and expectations, are forward-looking statements. Forward-looking
statements involve inherent risks and uncertainties. A number of
factors could cause actual results to differ materially from those
contained in any forward-looking statement, including but not
limited to the following: XPENG’s goals and strategies; XPENG’s
expansion plans; XPENG’s future business development, financial
condition and results of operations; the trends in, and size of,
China’s EV market; XPENG’s expectations regarding demand for, and
market acceptance of, its products and services; XPENG’s
expectations regarding its relationships with customers, contract
manufacturers, suppliers, third-party service providers, strategic
partners and other stakeholders; general economic and business
conditions; and assumptions underlying or related to any of the
foregoing. Further information regarding these and other risks is
included in XPENG’s filings with the SEC. All information provided
in this press release is as of the date of this press release, and
XPENG does not undertake any obligation to update any
forward-looking statement, except as required under applicable
law.
Contacts:For Investor
Enquiries:IR DepartmentXPeng Inc.Email:
ir@xiaopeng.com
Jenny CaiPiacente Financial CommunicationsTel: +1
212 481 2050 / +86 10 6508 0677Email: xpeng@tpg-ir.com
For Media Enquiries:PR
DepartmentXPeng Inc.Email: pr@xiaopeng.com
Source: XPeng Inc.
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