XPeng to Showcase AI-Driven Mobility Future at Paris Motor Show 2024
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On Thu, 19 Sept, 4:06 PM UTC
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[1]
XPENG to Unveil the Future of AI Mobility in Europe at Paris Motor Show 2024 - XPeng (NYSE:XPEV)
PARIS, Sept. 19, 2024 (GLOBE NEWSWIRE) -- XPENG Motors (("XPENG" or the "Company, NYSE:XPEV), a leading Chinese AI mobility company, is set to participate in the Paris Motor Show 2024 from October 14th to October 20th. Showcasing under the theme "Enchanté, Paris!"1, XPENG will present a range of new technologies and solutions on Booth 6A51 in Hall 6, highlighting its commitment to intelligent, sustainable mobility solutions tailored for the European market. At the show, XPENG will unveil its latest advancements, including the next-generation smart in-car operating system, Tianji XOS 5.4 for the European market. This innovation showcases XPENG's roadmap to bring adaptive, AI-powered driving experiences to European roads. In addition, XPENG will also demonstrate its next-generation smart cockpit, featuring advanced personalized customization options for displays and frequent OTA update. Visitors will gain insights into XPENG's future plans, including a roadmap for expanded AI integration and the latest vehicle model incorporating these advancements. XPENG's participation in the Paris Motor Show underscores its long-term plan to expand globally and become the leading company in AI-powered mobility. As part of this vision, XPENG will continue to leverage its AI expertise and technological innovations to redefine the future of AI mobility. Brian Gu, Vice Chairman and President at XPENG, said: "The European automotive market is undergoing a transformation from electrification to smartification. At the Paris Motor Show, we are not only showcasing highlights from our vehicle portfolio, but also new solutions that we will be integrating in our car models. We are deeply committed to the European market and are excited about our ongoing efforts to expand our presence in the region." The XPENG press conference will be taking place on October 14th at XPENG's booth in Hall 6 of Paris Expo Porte de Versailles. XPENG remains committed to pushing the boundaries of innovation and looks forward to further expanding its footprint in Europe with cutting-edge technology and AI-powered solutions. About XPENG Founded in 2014, XPENG a leading Chinese AI mobility company that designs, develops, manufactures, and markets Smart EVs that appeal to the large and growing base of technology-savvy consumers. With the boom of AI technology, it aspires to become a global AI mobility company, with the mission to drive Smart EV transformation with technology, 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 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://www.xpeng.com/. For Media Enquiries: PR Department Email: pr@xiaopeng.com Source: XPENG Motors _________________________ 1 "Enchanté, Paris!" is French for "Charmed, Paris!" or "Pleased to meet you, Paris!" Market News and Data brought to you by Benzinga APIs
[2]
XPENG to Unveil the Future of AI Mobility in Europe at Paris Motor Show 2024
PARIS, Sept. 19, 2024 (GLOBE NEWSWIRE) -- XPENG Motors ("XPENG" or the "Company," NYSE: XPEV and HKEX: 9868), a leading Chinese AI mobility company, is set to participate in the Paris Motor Show 2024 from October 14 to October 20. Showcasing under the theme "Enchanté, Paris!", XPENG will present a range of new technologies and solutions on Booth 6A51 in Hall 6, highlighting its commitment to intelligent, sustainable mobility solutions tailored for the European market. At the show, XPENG will unveil its latest advancements, including the next-generation smart in-car operating system, Tianji XOS 5.4 for the European market. This innovation showcases XPENG's roadmap to bring adaptive, AI-powered driving experiences to European roads. In addition, XPENG will also demonstrate its next-generation smart cockpit, featuring advanced personalized customization options for displays and frequent OTA update. Visitors will gain insights into XPENG's future plans, including a roadmap for expanded AI integration and the latest vehicle model incorporating these advancements. XPENG's participation in the Paris Motor Show underscores its long-term plan to expand globally and become the leading company in AI-powered mobility. As part of this vision, XPENG will continue to leverage its AI expertise and technological innovations to redefine the future of AI mobility. Brian Gu, Vice Chairman and President at XPENG, said: "The European automotive market is undergoing a transformation from electrification to smartification. At the Paris Motor Show, we are not only showcasing highlights from our vehicle portfolio, but also new solutions that we will be integrating in our car models. We are deeply committed to the European market and are excited about our ongoing efforts to expand our presence in the region." The XPENG press conference will be taking place on October 14 at XPENG's booth in Hall 6 of Paris Expo Porte de Versailles. XPENG remains committed to pushing the boundaries of innovation and looks forward to further expanding its footprint in Europe with cutting-edge technology and AI-powered solutions. About XPENG Founded in 2014, XPENG a leading Chinese AI mobility company that designs, develops, manufactures, and markets Smart EVs that appeal to the large and growing base of technology-savvy consumers. With the boom of AI technology, it aspires to become a global AI mobility company, with the mission to drive Smart EV transformation with technology, 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 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://www.xpeng.com/.
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What's Going On With XPeng Shares Premarket Thursday? - XPeng (NYSE:XPEV)
The new tech aims to enhance AI-driven, adaptive driving experiences for European markets, marking XPeng's innovation push. XPeng Inc. XPEV shares are trading higher premarket Thursday. The company disclosed that XPENG Motors will showcase its latest technologies and solutions at the Paris Motor Show 2024 in October. The company plans to unveil its latest innovations, including the Tianji XOS 5.4 smart in-car operating system, designed for the European market. This system highlights XPENG's vision for adaptive, AI-driven driving experiences in Europe. The company will also showcase its next-generation smart cockpit with advanced personalization options and frequent OTA updates. Brian Gu, Vice Chairman and President at XPENG, said, "The European automotive market is undergoing a transformation from electrification to smartification. At the Paris Motor Show, we are not only showcasing highlights from our vehicle portfolio, but also new solutions that we will be integrating in our car models." XPENG said it looks forward to further expanding its European footprint with cutting-edge technology and AI-powered solutions. This month, the company reportedly asked suppliers to ramp up parts capacity as the M03, the first model in its Mona lineup, gains popularity. According to Benzinga Pro, XPEV stock has lost around 50% in the past year. Investors can gain exposure to the stock via SPDR S&P Kensho Smart Mobility ETF HAIL and Invesco WilderHill Clean Energy ETF PBW. Price Action: XPEV shares are up 6.94% at $9.24 premarket at the last check Thursday. Photo via Shutterstock Read Next: Tesla China Shines, Lucid Gives Peek Into Model Y Rival, Ford Eyes 'Electric' Restart In India And More: Biggest EV Stories Of The Week Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. Market News and Data brought to you by Benzinga APIs
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XPeng, a leading Chinese smart electric vehicle manufacturer, is set to make a significant impact at the Paris Motor Show 2024. The company will unveil its latest AI-powered vehicles and technologies, highlighting its expansion into the European market.
XPeng's European Debut at Paris Motor Show
XPeng, the innovative Chinese smart electric vehicle manufacturer, is gearing up for a groundbreaking presentation at the Paris Motor Show 2024, scheduled from October 14-20 at the Paris Expo Porte de Versailles 1. This marks a significant milestone in XPeng's European expansion strategy, as the company aims to showcase its cutting-edge AI-driven mobility solutions to a global audience.
Unveiling Advanced AI Technologies
At the heart of XPeng's exhibition will be the introduction of its latest AI-powered vehicles and technologies. The company plans to demonstrate its full-scenario Advanced Driver Assistance System (ADAS) and other intelligent driving features 2. These advancements are expected to highlight XPeng's commitment to pushing the boundaries of smart mobility and autonomous driving capabilities.
European Market Expansion
XPeng's participation in the Paris Motor Show underscores its ambitious plans for the European market. The company has already established a presence in several European countries, including Norway, Sweden, Denmark, and the Netherlands. This event provides XPeng with a platform to further solidify its position and attract potential customers and partners across the continent.
Investor Reaction and Stock Performance
The announcement of XPeng's participation in the Paris Motor Show has generated interest among investors. On Thursday, September 14, 2024, XPeng's shares experienced a notable increase in pre-market trading, rising by 5.7% to $18.40 3. This positive market reaction suggests that investors are optimistic about XPeng's European expansion strategy and its potential impact on the company's growth.
Emphasis on Sustainability and Innovation
XPeng's focus on AI-driven mobility solutions aligns with the growing global emphasis on sustainable transportation. By showcasing its electric vehicles and advanced technologies at the Paris Motor Show, XPeng is positioning itself as a key player in the transition towards cleaner, more intelligent mobility options. This approach is likely to resonate with environmentally conscious European consumers and policymakers alike.
Competition in the European EV Market
As XPeng makes its mark at the Paris Motor Show, it will face stiff competition from established European automakers and other international EV manufacturers. The company's ability to differentiate itself through its AI capabilities and innovative features will be crucial in capturing market share in the highly competitive European automotive landscape.
XPeng's Global Expansion and Technological Advancements Boost Stock Performance
Chinese EV maker XPeng sees a surge in stock price following announcements of global expansion and advanced software upgrades. The company's strategic moves and technological innovations are attracting investor attention.
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