XPENG Rolls Out Industry-leading XNGP ADAS for China Market
01 April 2023 - 4:27AM
Business Wire
Xpeng Inc. (“XPENG,” NYSE: XPEV and HKEX: 9868), a leading smart
electric vehicle company, announced that it will begin the rollout
of its XNGP Advanced Driver Assistance System (ADAS) to eligible
customers in China beginning on March 31.
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XPENG rolls out XNGP phase one (Photo:
Business Wire)
XPENG G9 Max and P7i Max customers in Guangzhou, Shenzhen and
Shanghai, three of China’s largest cities, will receive XNGP via
Over-the-Air (OTA) update.
In this first phase, its City NGP (Navigation Guided Pilot)
functions, already available in Guangzhou (see details:
https://ir.xiaopeng.com/zh-hans/news-releases/news-release-details/xpeng-debuts-city-ngp-pilot-program)
will be expanded to eligible customers in Shenzhen and
Shanghai.
“Today marks another exciting milestone in the development of
autonomous driving. We are truly proud to be trailblazing this leap
forward that will significantly enrich our customers’ driving
experience using the latest technology,” said Dr Xinzhou Wu, Vice
President and Head of Autonomous Driving Center at XPENG.
“XNGP has proven itself to be highly advanced and capable ADAS
platform in the Chinese market. We are able to deploy the software
via OTA updates to multiple models across multiple cities in China
concurrently,” said Dr Wu.
With this OTA update, XPENG also brings to customers its
enhanced SR (Simulated Reality) 2.0 empowered by XNET perception
technology which delivers a real time Bird’s Eye View (BEV) and
360° panoramic environmental perception of surrounding road
conditions.
The OTA update delivered through XPENG’s latest operating system
Xmart OS 4.2.0, brings 27 new functions, 52 optimizations and over
40 other improvements, covering smart driving, smart voice, cockpit
experience, among others.
The second phase of XNGP’s rollout is planned for 2H 2023. In
the second phase rollout, full lane changing, overtaking and
navigation through crossroads under complex city driving scenarios
will be expanded to major Chinese cities and no longer require high
definition map.
About XPENG Inc.
XPENG Inc. (“XPENG”) is a leading Chinese Smart EV company that
designs, develops, manufactures, and markets smart EVs that appeal
to the large and growing base of technology-savvy middle-class
consumers. Its mission is to drive Smart EV transformation with
technology and data, shaping the mobility experience of the future.
In order to optimize its customers’ mobility experience, XPENG
develops in-house its full-stack advanced driver-assistance system
technology and in-car intelligent operating system, as well as core
vehicle systems including powertrain and the electrical/electronic
architecture. XPENG is headquartered in Guangzhou, China, with main
offices in Beijing, Shanghai, Silicon Valley, San Diego and
Amsterdam. The Company’s Smart EVs are mainly manufactured at its
plants in Zhaoqing and Guangzhou, Guangdong province. For more
information, please visit https://heyXPENG.com.
Safe Harbor Statement
This announcement contains forward-looking statements. These
statements are made under the “safe harbor” provisions of the
United States Private Securities Litigation Reform Act of 1995.
These forward-looking statements can be identified by terminology
such as “will,” “expects,” “anticipates,” “future,” “intends,”
“plans,” “believes,” “estimates” and similar statements. Statements
that are not historical facts, including statements about XPENG’s
beliefs and expectations, are forward-looking statements.
Forward-looking statements involve inherent risks and
uncertainties. A number of factors could cause actual results to
differ materially from those contained in any forward-looking
statement, including but not limited to the following: XPENG’s goal
and strategies; XPENG’s expansion plans; XPENG’s future business
development, financial condition and results of operations; the
trends in, and size of, China’s EV market; XPENG’s expectations
regarding demand for, and market acceptance of, its products and
services; XPENG’s expectations regarding its relationships with
customers, contract manufacturer, suppliers, third- party service
providers, strategic partners and other stakeholders; general
economic and business conditions; and assumptions underlying or
related to any of the foregoing. Further information regarding
these and other risks is included in XPENG’s filings with the
United States Securities and Exchange Commission. All information
provided in this announcement is as of the date of this
announcement, and XPENG does not undertake any obligation to update
any forward-looking statement, except as required under applicable
law.
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version on businesswire.com: https://www.businesswire.com/news/home/20230331005342/en/
For Investor Enquiries: IR Department XPeng Inc. Email:
ir@xiaopeng.com Jenny Cai The Piacente Group Tel: +1 212 481 2050 /
+86 10 6508 0677 Email: xpeng@tpg-ir.com For Media Enquiries: PR
Department XPeng Inc. Email: pr@xiaopeng.com
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