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XPENG Now on Fortune China's “Tech 50” and “China 500” Lists

  • XPENG ranked among the “Fortune Tech 50” and “Fortune China 500” lists for leading AI mobility innovation

SHANGHAI, China, Oct. 30, 2024 (GLOBE NEWSWIRE) —  XPENG, a leading Chinese high technology car company, is proud to announce that it has secured places on both the “Fortune Tech 50” and “Fortune China 500” lists. The placings were announced during the Fortune China “Tech 50 Innovation Night” and “2024 Fortune China 500 Summit” on October 16 and 17, hosted in Shanghai. XPENG is glad to receive these esteemed accolades that reaffirm its competitive advantage and status as a leader in technological innovation.

“Fortune Tech 50” is an inaugural list by Fortune China that spotlights Chinese tech companies making a global impact. Companies are judged based on technical innovation, as well as their global economic influence and positive social impact. XPENG was one of only two automotive companies to make the list, thanks to its pioneering AI–defined mobility technology, autonomous driving breakthroughs, and industry–leading AI model applications.

Fortune China praised XPENG for its edge in smart driving technology. “XPENG is a formidable competitor in the sector as the race for dominance in autonomous driving intensifies. Innovation fueled by technology is the foundation of XPENG's strategy – in May, XPENG announced the mass production of its end–to–end AI model. Rolled out to users through the AI–powered Tianji XOS system, XPENG calls the model 'the first system in the industry to apply AI technology to both smart cockpit and ADAS systems.' In July, XPENG entered a strategic partnership with Volkswagen to co–develop electronic and electrical architecture technology. The partnership leverages both companies' technological advantages to expand their market influences, a move seen as a pivotal moment in XPENG's expansion,” the publication stated in its remarks.

Fortune China is a business publication of global renown, and its annual “Global 500” list is one of the most prestigious benchmarks for corporations. Enlisting the same methodology for its global counterpart, the “2024 Fortune China 500” ranking covers both public and private companies from the Chinese mainland, Hong Kong, and Taiwan. XPENG's inclusion in the “2024 Fortune China 500” underscores its forward–thinking approach in AI applications and global expansion, setting a milestone for the global smart automotive industry.

Founded 10 years ago, XPENG has long adhered to its brand vision of being an “Explorer of Future Mobility” by leveraging technology to transform how people travel. The company has since made significant strides in AI applications and is poised to lead the industry in the coming decade. XPENG's self–developed Turing Chip, the world's first AI chip designed for AI–defined vehicles, robots, and flying cars, has been successfully taped out, and pre–orders have commenced for XPENG's AI–powered P7+ car. Over the next decade, XPENG aims to become a global AI mobility leader and develop an AI ecosystem based on five key pillars: high–performance chips, AI models, AI–defined vehicles, robots, and flying cars, where the first two will serve as foundations for the latter three.

XPENG's investments in intelligent driving technology over the past decade are bearing fruit. The company believes it plays a critical role in the ongoing electric vehicle revolution on a global scale. To date, XPENG has expanded its sales to over 30 countries and regions. As part of its global strategy, XPENG is now focused on scaling up its international operations, with plans to enhance its global R&D and sales presence. In the next ten years, XPENG aims for overseas markets to account for half of its total sales, significantly expanding its global user community.

XPENG's increasing recognition by prestigious global business publications stands testament to its exceptional innovation capabilities and global outlook. Looking ahead, XPENG remains committed to its global market strategy and is well–positioned to continue spearheading global development towards an era of AI–defined mobility.

About XPENG

Founded in 2014, XPENG is a leading Chinese AI–driven mobility company that designs, develops, manufactures, and markets Smart EVs, catering to a growing base of tech–savvy consumers. With the rapid advancement of AI, XPENG aspires to become a global leader in AI mobility, with a mission to drive the Smart EV revolution through cutting–edge technology, shaping the future of mobility.

To enhance the customer experience, XPENG develops its full–stack advanced driver–assistance system (ADAS) technology and intelligent in–car operating system in–house, along with core vehicle systems such as the powertrain and electrical/electronic architecture (EEA). Headquartered in Guangzhou, China, XPENG also operates key offices in Beijing, Shanghai, Silicon Valley, and Amsterdam. Its Smart EVs are primarily manufactured at its facilities in Zhaoqing and Guangzhou, Guangdong province.

XPENG is listed at the New York Stock Exchange (NYSE: XPEV) and Hong Kong Exchange (HKEX: 9868).

For more information, please visit https://www.xpeng.com/.

Contacts:

For Media Enquiries:
XPENG PR Department
Email: pr@xiaopeng.com

Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/41f3a26a–a1ed–48bb–bd97–7b36311f0939
https://www.globenewswire.com/NewsRoom/AttachmentNg/3111c8d9–9d2e–419b–aa68–51fb54ed7f8f
https://www.globenewswire.com/NewsRoom/AttachmentNg/8f5503fe–9c37–46e2–a97b–e448ad9dbd02

Video accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/32cbdaf4–f03c–4887–a5c0–f79d3448ce43


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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 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/.

Contact:

For Media Enquiries:
PR Department
Email: pr@xiaopeng.com
Source: XPENG Motors

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1 “Enchanté, Paris!” is French for “Charmed, Paris!” or “Pleased to meet you, Paris!”


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