XPeng's CEO, He Xiaopeng, is pursuing level three autonomy, likening it to a pivotal 'iPhone 4 moment' for vehicles, where self-driving technology gains significant acceptance across diverse generations. He believes that successful autonomous driving will mean comfort and familiarity among varied users, including his parents' generation. While XPeng has seen revenue growth, the company remains unprofitable, seeking to break even this year. Additionally, XPeng plans to introduce level three self-driving cars in China, joining Tesla as a leader in this innovative space without requiring high-definition maps.
XPeng's CEO, He Xiaopeng, envisions achieving level three autonomy, equating it to an 'iPhone 4 moment' for cars, enabling comfortable use by older generations.
He expressed that true success for autonomous driving means wider societal acceptance, emphasizing generational use, particularly among his own parents' generation.
Despite achieving a growth in vehicle deliveries, XPeng remains unprofitable, aiming to break even this year while enhancing user demand and loyalty.
Xiaopeng highlighted XPeng's plans to sell cars with level three self-driving in China, stating they and Tesla are uniquely positioned in this technology.
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