Xpeng enjoyed a big boost in sales from the new MONA M03 in September, leading the Chinese smart EV startup to a new monthly sales record. Xpeng scored 21,352 deliveries last month, and more than 10,000 of those were the new MONA M03. As we have written a few times, … [continued]
XPeng’s self-driving system was fantabulously good nearly two years ago when I tested it virtually for a long drive into a busy city. At the time, it was called XPeng’s “City Navigation Guided Pilot” (CNGP), and on that drive at least, it was very similar to the Tesla FSD v12.3 … [continued]
This weekend, we saw on Twitter that the first batch of Xpeng G3 electric crossovers for Europe has arrived in Norway. I reached out to Xpeng to see …
As Xpeng approached its initial public offering (IPO) on the New York Stock Exchange (NYSE), which was earlier today, I started digging into the company more.
As I wrote last night (er, early this morning), Xpeng has made the next step in its IPO process by indicating its expected share price at IPO ($11–13) and the fact that it aims to raise $1.1 billion on the high end of that target.
Xpeng, or Xiaopeng Motors, was founded in 2014 — two years after the Tesla Model S came out — in Guangzhou, China. Without a doubt, it took the idea of “copying what Tesla did” to a potentially obsessive level (I’ll come back to that later on).
