Nauman khan
Thu, May 15, 2025, 11:29 AM 1 min read
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Xpeng (NYSE:XPEV) unveiled a caller mentation of its P7 electrical conveyance connected Thursday, positioning it arsenic an precocious AI-powered sedan aimed at intensifying contention with Tesla (NASDAQ:TSLA).
The second-generation P7, described by CEO He Xiaopeng arsenic much than a car, integrates Xpeng's in-house Turing AI chip. The institution claims the conveyance is the archetypal AI-defined model, offering autonomous driving features and a conversational dependable adjunct designed to mimic quality interaction.
The car targets the aforesaid conception arsenic Tesla's Model 3, a cardinal seller successful the mid-size EV space. Xpeng said the vehicle's show and intelligent systems align with the demands of an AI-driven future.
It remains unclear whether the P7 volition beryllium sold extracurricular China. However, Xpeng's UK distributor, International Motors, expects to rotation retired 5 models successful the state by 2028. Current offerings see the G6, G9, and X9 SUVs.
Xpeng shares dropped astir 2% pursuing the launch. The broader EV marketplace has faced headwinds, with Tesla's China income reportedly falling 69% year-over-year during the week of May 5 to 11.
This nonfiction archetypal appeared connected GuruFocus.