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XPeng’s Strong EV Sales and Technological Advancements

XPeng’s Strong EV Sales and Technological Advancements

XPeng, Inc. ADR (XPEV) has released an update.

XPeng Inc. reported a delivery of 14,036 Smart EVs in August 2024, marking a 3% year-over-year growth and a 26% increase from the previous month, with a total of 77,209 vehicles delivered in the first eight months of the year. The company celebrated its 10th anniversary with the launch of the MONA M03, an intelligent all-electric hatchback coupe, and delivered the first batch at the Chengdu Auto Show. XPeng is advancing its technology with the new XPENG Turing chip, an AI Hawkeye Visual Solution for advanced driver-assistance systems, and has rolled out its OTA AI Tianji XOS 5.2 upgrade, solidifying its commitment to become a global AI-defined automotive leader.

For further insights into XPEV stock, check out TipRanks’ Stock Analysis page.

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