Release Date: March 18, 2025
For the complete transcript of the earnings call, please refer to the full earnings call transcript.
Q: With XPeng's AI democratization in China and the upcoming upgrade to Level 3 autonomous driving, can this help widen the gap between leaders and laggards in the autonomous driving race? A: Xiaopeng He, Chairman and CEO, explained that the adoption of smart driving is accelerating, with AI capabilities becoming standard in their vehicles. He emphasized that XPeng's full-stack self-development and early investment in AI technology will create a significant gap between XPeng and its competitors. The integration of AI in vehicles is expected to transform them into AI agents, enhancing user experience and loyalty.
Q: How will XPeng's investments in AI applications, such as autonomous vehicles and humanoid robots, create synergies, and when will these projects contribute to value? A: Xiaopeng He highlighted that XPeng's long-term vision includes integrating AI with energy to create new mobility solutions, including vehicles, flying cars, and humanoid robots. By 2026, XPeng expects to see significant synergies from these investments, with plans to mass-produce flying cars. The AI models developed for autonomous vehicles are compatible with humanoid robots, allowing for shared capabilities across different domains.
Q: How will XPeng's self-developed touring chip enhance its AI autonomous driving capabilities beyond cost control? A: Xiaopeng He stated that the self-developed touring chip allows XPeng to customize products and improve performance significantly. It enables efficient data iteration and enhances XPeng's competitive leadership by integrating software and hardware capabilities, ensuring a first-mover advantage in AI-driven autonomous driving.
Q: What are XPeng's plans for international expansion, and are there considerations for building factories overseas? A: Brian Hongdi Gu, Vice Chairman and Co-President, confirmed that international expansion is a key growth pillar. XPeng plans to double its international sales outlets and expand into more countries. The company is exploring local production solutions, including potential manufacturing in Indonesia, and will establish overseas R&D centers to support global technology development.
Q: What is XPeng's strategy for achieving Level 3 autonomous driving, and how does it plan to address safety and regulatory concerns? A: Xiaopeng He explained that achieving Level 3 autonomous driving involves comprehensive data collection and model development. XPeng is working on regulatory proposals to ensure a safer driving environment and believes China will lead in establishing regulations for autonomous driving. The company aims to achieve significant milestones in reducing human intervention rates, ultimately promoting high-level intelligent driving penetration.
For the complete transcript of the earnings call, please refer to the full earnings call transcript.
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