XPeng, the famous Chinese electric vehicle manufacturer, announced the successful launch of its assisted-driving technology in Beijing. As a competitor to Tesla, XPeng’s stock demonstrated a rise in premarket trading, reflecting positive market sentiment surrounding the company’s latest development.
In a remarkable achievement, XPeng has become the pioneer in introducing an advanced driver-assistance system (ADAS) in Beijing. Following the approval for usage on major ring roads and expressways within the capital city, XPeng takes the lead in implementing this cutting-edge technology. This milestone positions XPeng at the forefront of automotive innovation and reinforces its commitment to revolutionizing the driving experience.
According to CNBC, XPeng’s advanced driver-assistance system (ADAS) has initially been deployed on the “ring-road” highways encircling Beijing’s city center and the “main high-speed roads.” However, it remains uncertain when the driver-assist technology will be available for use on all streets within the city. The limited coverage marks a significant step forward for XPeng in bringing ADAS capabilities to Beijing, while the expansion to broader street networks awaits further clarification.
XPeng has announced the availability of its City NGP (Navigation Guided Pilot) system, a technology comparable to Tesla’s Full Self-Driving (FSD) feature, in Shanghai, Shenzhen, and Guangzhou. The company has further revealed its intention to expand the feature to “dozens of cities” later this year. With this development, XPeng solidifies its position as a key player in the autonomous driving sector, aiming to bring advanced driver assistance capabilities to a wider range of urban environments across China.
Xiaopeng He, the founder, and CEO of the company, highlighted the importance of driver attentiveness despite the advanced capabilities of XPeng’s City NGP system. While the system showcases capabilities that closely resemble those of human drivers, He emphasized the need for drivers to stay focused on the road at all times.
He further mentioned that the current driving abilities of the system are similar to that of a novice driver. However, leveraging extensive urban driving data and strong closed-loop data training systems, XPeng intends to roll out over-the-air software updates for XNGP on a quarterly basis. These updates will facilitate continuous enhancements and improvements to the performance of the system.
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