Search results for He Xiaopeng
Mobility
Xpeng targets 500,000 EV sales in Europe by 2030
Chinese electric vehicle maker Xpeng has set a goal of reaching annual global vehicle sales of 1 million units by 2030, with 500,000 of those to be sold in Europe. The plan would intensify competition with European automakers. Xpeng delivered 429,445 vehicles globally last year. Since entering Europe in 2020 starting with Norway, it has delivered about 60,000 vehicles cumulatively, and it is seeking to expand local production.
Industry
China\'s auto industry bets on humanoid robots as next growth engine, following Tesla
Chinese automakers are stepping up investment in humanoid robots as a next-generation profit business, seeking new revenue as electric-vehicle profitability declines. Xpeng\'s robotics unit raised more than $900 million at a valuation above $6.3 billion, with investors including IDG Capital, Gaorong Ventures, Tencent and Alibaba. Analysts say China has an edge in manufacturing and supply chains, but AI will determine competitiveness against Tesla. Global automakers are also expanding robot efforts.
Mobility
Xpeng unveils \'physical AI\' strategy in Europe spanning EVs, robots and flying cars
Chinese electric vehicle maker Xpeng unveiled its compact SUV L03 in Munich and outlined a business expansion strategy it calls \"physical AI\" that links cars, humanoid robots, flying cars and power systems using in-house AI chips and large language models. The L03 is priced at 35,600 euros and offers up to 445 km of range under WLTP. Xpeng said it will integrate Google Maps in overseas models and aims for Level 4 autonomous driving by 2028.