Xpeng Motors

The Chinese electric vehicle manufacturer aims to deploy its advanced driver assistance system throughout mainland China by the end of 2024, with European market introduction to follow.

Li Feng had assumed new responsibilities over the past year as part of internal reforms following the unsuccessful launch of the Xpeng G9 model.

Both companies have reason to bet big and double down on China’s autonomous driving market.

With licenses challenging to obtain and investments needed in excess, it seems better to quit the car manufacturing business sooner than later.

With unclear legislation, it’s hard to rule whether the liability for the accident should be assigned to the driver, the vehicle owner, or the manufacturer.

The company delivered a record 25,666 vehicles in the quarter despite widening losses.

The futuristic vehicle can be driven on the road and go airborne.

The automaker is diversifying its suppliers of key components while the sector faces a shortage of EV power cells.