XPeng 1024 Tech Day Unveils Smart EV Technologies and Mobility Ecosystem

XPeng Inc. (NYSE: XPEV and HKEX: 9868) today revealed a series of crucial innovations at its annual 1024 Tech Day, including the latest and most sophisticated version of its in-house developed advanced driver assistance system XPILOT 3.5 and XPILOT 4.0, the design of new generation road-capable flying car, major supercharging technology breakthroughs, and robotic innovations, forming the key components of the company’s smart mobility ecosystem.

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Design of HT Aero 6th-Gen Flying Car (Photo: Business Wire)

“Our exploration of more efficient, safer, carbon-neutral mobility solutions goes far beyond just smart EVs, and is the cornerstone of our long-term competitive advantages,” said Mr. He Xiaopeng, Chairman & CEO of XPeng, at the 1024 Tech Day. “We strive to implement cutting-edge mobility technologies in mass-production models for the benefit of our customers,” Mr. He added.

XPILOT 3.0 achieved outstanding track record since launch

XPILOT has established a leadership position at the cutting edge of smart driver assist technology. Launched in early 2021, Navigation Guided Pilot (NGP) for highways, the core function of XPILOT 3.0, has assisted customers in driving for 11.98 million kilometers, with 60% NGP penetration rate for highway driving mileage in 3Q 2021. The usage data to date demonstrates strong customer adoption and broad recognition of XPILOT’s multi-scenario driver assistance.

XPILOT 3.5 driver assistance system capable of handling city driving scenarios

In 1H 2022, XPeng will be rolling out XPILOT 3.5, extending XPILOT’s driver assistance system to support China’s complex driving scenarios in major roads in the city.

“Man-machine co-pilot functions will remain critical for the foreseeable future. Our mission is to progressively transition from advanced driver assistance to full autonomous driving, with a clear roadmap to connect all driving scenarios. Our closed-loop data operation, fast software iteration and mass production capability – all created in-house – put us in pole position to significantly improve safety and resolve the industry’s long-tail issues in China,” said Dr. Xinzhou Wu, Vice President of Autonomous Driving at XPeng, at the Tech Day event.