Guangzhou, China, April 16, 2020 – Xpeng Motors, a leading Chinese electric vehicle and technology company, announced today that its P7 smart electric sports sedan officially rolls out in China on April 27. XPILOT 3.0 will feature several new functions, including a navigation guided pilot for highway driving and advanced automated parking, in addition to the functions available in XPILOT 2.5. The factory received the official production license from China’s Ministry of Industry and Information Technology on May 19 this year and completed the production of 10,000 P7s within 160 days, a record among new EV markers in China. Jumping off of today’s news (though, I guess if you are east of California it’s yesterday’s news), and before diving further into the details of the SEC filing and Xpeng’s vehicles and technology, below this paragraph is the company’s mission and overview as submitted to the SEC. XPeng is headquartered in Guangzhou, China, with offices in Beijing, Shanghai, Silicon Valley, and San Diego in the U.S. The table below sets forth certain features of the G3 and the P7. The P7 has already attracted keen interest, registering 15,431 pre-orders since its debut at the Shanghai Auto Show in April 2019. As part of Xpeng’s smart mobility ecosystem build-out, the P7 will be the first production car to carry the Alibaba In-car Mini Program, and its Bluetooth virtual key (NFC digital key) will be first embedded in Xiaomi devices such as mobile phones, smartwatches and bracelets. As I noted on August 7 when Xpeng filed its IPO application, that document is more than 200 pages long. Alongside its leading strategic investor Alibaba Corporation, Xiaomi Corporation has joined as a new strategic investor. Xpeng was founded in 2015 with a vision to bring Smart EVs to Chinese consumers through innovation in autonomous driving, smart connectivity and core vehicle systems. Featuring a detection distance over 200 meters and a 360-degree field of vision, the stack would enable Level 3 autonomy via a consistent over-the-air (OTA) software update for its Xpilot system. Through such updates, we are able to frequently upgrade our Smart EVs throughout the product lifecycle, and our customers can enjoy more functions and better user experience. Xpeng Motors official website provides you with P7 price, pictures, specs & configuration, etc. Leading Chinese EV Maker Also Selects NVIDIA Platform for Next-Generation Production Model. According to the IHS Markit Report, the mid- to high-end segment represented 30.6% of China’s passenger vehicle market by sales volume in 2019 and had a higher EV penetration rate than other price segments. Please find a preview of the Xpeng P7 here: https://youtu.be/zC-S0UdXJB8. “At a keenly competitive price, with one the most advanced feature sets on the market, the P7 is a breakout vehicle for the Chinese market,” He Xiaopeng, Chairman and CEO of Xpeng Motors, said at the press briefing in Guangzhou today. Xmart OS enables a broad range of smart connectivity functions, such as artificial intelligence, or AI, voice assistant, smart navigation and an app store. The aim is to sell 85 million shares American depositary share (ADS) at a price between $11 and $13 per share. Over 200 Xpeng supercharging stations are currently in operation across 30 cities, expanding to 1,000 over the next three years. According to the IHS Markit Report, the G3 was among the top-three best-selling electric SUVs in China in 2019. Architected for safety, Xavier offers the redundancy and diversity necessary to process data from a variety of sensors, and is the path to production for highly automated and autonomous driving systems. According to the IHS Markit Report, our XPILOT 3.0 is expected to offer the highest level of autonomous driving capabilities in commercially available passenger vehicles today. The P7 will be delivered through Xpeng’s growing retail network, with 86 sales stores already in place by end October, rising to over 100 by year-end. Through our proprietary software, core hardware and data technologies, we are able to develop and deploy innovative products rapidly and efficiently, which gives us an advantage over our competitors in China. 11 / 13. In addition, we have built our own plant in Zhaoqing, Guangdong province. Fauci is a disaster and would fire him if he could', Bottle-fed babies ingest 'millions' of microplastics: study. Our Smart EVs offer attractive design and high performance, coupled with safety and reliability. Huawei's Harmony OS: a third major mobile operating system? As of the same date, approximately 50% of customers ordered the versions of the P7 that can support XPILOT 3.0, our upcoming advanced autonomous driving system. Over 100,000 3rd-party charging piles are connected to the Xpeng nationwide charging network. Xpeng points out that it started mass delivery of its P7 EV in June. The P7’s chassis was jointly developed with a luxury sports-style German engineering brand. This past month, the Ministry of Industry and Information Technology of China (MIIT) verified that the Xpeng P7’s driving range reached 706km NEDC, which makes it the longest range EV in China. Nio, Xpeng, Li Auto: your cheat sheet to China's listed Tesla rivals, EV maker Byton CEO departs amid restructuring: report, China Tech Investor: Xiaomi’s resilience, with Bryan Ma, Zoom will be local version-only for Chinese users. Facebook Twitter LinkedIn YouTube Instagram. Xpeng Motors is also actively exploring potential opportunities for adopting the new family of NVIDIA’s Orin platform for its future generation of smart EVs, given its strong architectural compatibility with the Xavier platform. The factory received the official production license from China’s Ministry of Industry and Information Technology on May 19 this year and completed the production of 10,000 P7s within 160 days, a record among new EV markers in China. It offers an unrivalled combination of elegance, style and comfort with cutting-edge autonomous driving, voice interaction and powertrain technology, to deliver an unparalleled driving experience. Click on Contact at the top of the page. “The Chinese EV maker said existing investors Alibaba Group (BABA.N), Coatue, and Qatar Investment Authority had indicated interest in buying up to $200 million, $100 million and $50 million, respectively, of the ADSs being offered. Tesla has not brought a lawsuit against Xpeng due to insufficient evidence. The Xpeng P7 is about to launch in the Chinese market. Smart Electric Platform Architecture with NVIDIA DRIVE Xavier™, NVIDIA’s most advanced autonomous vehicle chip, and QUALCOMM’s top-line vehicle processor, as well as: XPILOT 3.0 advanced driver assist system, upgradable to XPILOT 4.0, Cd 0.236 drag, lowest among domestic Chinese brands, Chassis jointly developed with Porsche Engineering, tuned by top-notch German and Chinese professional teams, Continuous damping control (CDC) plus Brembo braking system, C-NCAP 5-star standard safety design with 28 active safety functions, Independent data security module PSO, the first in China to adapt top-line data security hardware. The Haima plant and the Zhaoqing plant have annual production capacity of up to 150,000 units and 100,000 units, respectively. Its mission is to drive Smart EV transformation with technology and data, shaping the mobility experience of the future. Otherwise, I intend to finally go through it this weekend and pull out what I find most interesting. The P7’s smart audiovisual interactive cockpit contains 47 sensing devices and nearly 50 human-car interaction devices, backed by more than 30 teraflops of computing power. The super-long range smart sedan Xpeng P7 is the company’s first intelligent EV to be powered by the NVIDIA DRIVE AGX platform, which features the high-performance, energy-efficient Xavier system-on-a-chip (SoC). We are leveraging the manufacturing know-how and experience gained at the Haima plant to quickly ramp up the Zhaoqing plant. It also brings the company one step closer to the premium market. Xmart OS, our in-car intelligent operating system, supports a smart cockpit that delivers a seamless, easy-to-use, and voice-controlled smart mobility experience. Inside the vehicle, the open NVIDIA DRIVE OS enables Xpeng to run its proprietary autonomous driving software, XPILOT3.0, and deliver continual over-the-air updates critical for future autonomous driving capability advancements. In order to optimize its customers’ mobility experience, XPeng develops in-house its full-stack autonomous driving technology and in-car intelligent operating system, as well as core vehicle systems including powertrain and the electrification/electronic architecture. Our Smart EVs appeal to the large and growing base of technology-savvy middle-class consumers in China. Copyright © 2015-2020 Guangzhou Xiaopeng Motors Technology Company Ltd. |粤ICP备15067788号粤公网安备 44010602005675号, “We’re also working closely with Xpeng on its next-generation intelligent EV roadmap to bolster their autonomous capabilities.”. As a result of our efforts in modular design across key aspects of Smart EVs, we have strategically established two Smart EV platforms. We plan to … filed for an IPO on the New York Stock Exchange (NYSE), Xpeng Files For IPO On NYSE — Looking Through Xpeng’s History, CleanTechnica member, supporter, or ambassador, China Is Breeding A Herd Of Purebred Trojan Horses To Conquer The Western BEV Market, Xpeng Scores Record Deliveries In September, 3rd Quarter, First 100 Xpeng G3 Electric SUVs On Their Way To Norway, Tesla’s Industry Disruption, Tesla Solar Roof Reflections After 6 Months, Solar Panel Price Collapse — CleanTechnica Top 20, Sorry, Coal: 66% Conversion Efficiency Eyeballed For Next-Gen "Hot Carrler" Perovskite Solar Cells, New US Fuel Cell Alliance Blows Dark Green Hydrogen Cloud Over Natural Gas, Shanghai Tesla Model 3 With Cobalt-Free LFP Battery Is Now Shipping To Europe, Up Close With The New 2021 Ford F-150 Hybrid Pickup, CalSEED Awards $4.2 Million To Young Cleantech Companies, World’s Largest Solar PV Plant Connected To Grid With Help Of Huawei Smart PV Solution, 130+ Applications Submitted To AFSIA Solar Awards 2020, Iberdrola Developing Its 1st Solar–Wind Hybrid Plant In Australia. “We are very excited to expand our collaboration with NVIDIA for our next-gen EV production model, which will offer more competitive, user-friendly and safer autonomous driving features to a broader customer base,” added Wu. The company's initial backers include its Chairman He Xiaopeng, the founder of UCWeb Inc. and a former Alibaba executive. The Xpeng P7 features the NVIDIA DRIVE™ AGX Xavier platform for its XPILOT3.0. The P7 offers an NEDC range of up to 706 km (439 miles) on a single charge, which is the longest among EVs that are available in China, based on the MIIT NEV Catalogues. The 10,000th P7 rolled off the production line from Xpeng’s self-built wholly-owned factory in Zhaoqing, Guangdong Province on Oct 20, 2020. The P7’s in-house designed electric drive system - equipped with the German Infineon 950 IGBT module - provides a maximum motor efficiency of 97.5%. “Today sees us achieving the 10,000 th unit production target earlier than expected. Zachary Shahan is tryin' to help society help itself one word at a time. “We are well prepared to face the challenges of a severe winter with our prudent execution strategy, superior products, healthy growth, and most importantly strong support from our customers and shareholders,” He concluded. The Company’s Smart EVs are manufactured at plants in Zhaoqing and Zhengzhou, located in Guangdong and Henan provinces, respectively. In addition, we actively engage in data-driven and targeted online marketing through a variety of channels to further enhance our brand recognition and acquire customers.
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