XPeng Motors' 520 AI DAY Updates and Announcements

TapTechNews May 20th news, today XPeng Motors held 520 AI DAY, introducing the latest progress of XPeng's AI technology and releasing the new AI Tianji system. XPeng Motors' chairman and CEO He Xiaopeng and XPeng's autonomous driving head Li Liyun accepted media interviews.

According to Sina Tech, regarding the possible competition between XPeng and Xiaomi Motors, He Xiaopeng, the chairman and CEO of XPeng Motors, said that the new energy vehicle industry has gone from a blue ocean to a red ocean and then to a bloodbath, and XPeng has been through the tempering. He emphasized that those who sell well now do not necessarily mean they have strong capabilities. The automotive industry is a long-term competition rather than a short-term sales volume in one or two months.

Regarding the comparison between XPeng's intelligent driving and Tesla's FSD, Li Liyun, the head of XPeng's autonomous driving, said that they embrace its entry into China, which will bring a catfish effect and drive the development of the entire domestic intelligent driving industry. At the same time, he also emphasized having confidence in XPeng's intelligent driving.

He Xiaopeng said at the meeting that XPeng's end-to-end large model will become the first end-to-end large model to be mass-produced and listed in China. XPeng claims that by adopting the new end-to-end large model intelligent driving solution, it can realize that every road in the country can be driven in the third quarter of 2024, and in 2025, it can achieve an urban intelligent driving experience comparable to that of high-speed intelligent driving, and in 2025, it can achieve a Level L4-like intelligent driving experience in China.

The press conference also introduced a series of functions based on the large model, including AI valet parking, AI parking, etc. In addition, He Xiaopeng also revealed that the first model of XPeng MONA will be unveiled in June.