Xpeng Motors

The new flagship model has been hailed as the Chinese automaker’s pinnacle, boasting advanced features while maintaining a competitive price.

Xpeng Motors surprised attendees at its Tech Day event this year by introducing a humanoid robot model, while also showcasing an array of vehicle intelligence features.

The Chinese electric vehicle manufacturer aims to deploy its advanced driver assistance system throughout mainland China by the end of 2024, with European market introduction to follow.

Li Feng had assumed new responsibilities over the past year as part of internal reforms following the unsuccessful launch of the Xpeng G9 model.

Both companies have reason to bet big and double down on China’s autonomous driving market.

With licenses challenging to obtain and investments needed in excess, it seems better to quit the car manufacturing business sooner than later.

With unclear legislation, it’s hard to rule whether the liability for the accident should be assigned to the driver, the vehicle owner, or the manufacturer.

The company delivered a record 25,666 vehicles in the quarter despite widening losses.