The electric vehicle maker XPeng released on Thursday a new update for its XPILOT Intelligent Driving assistance System and the OS Xsmart getting a step closer to deliver full autonomous driving.
XPILOT 3.0 Driver Assistance Update
- Parking Lot Memory Parking (VPA) added manual navigation prompts to remember the starting point of the route;
- NGP optimizes the release detection and release method, and supports the early warning of release by clicking the button of the steering wheel or touching the touch;
- NGP supports custom styles;
- Added adjustment of preferred lane and overtaking style.
XPILOT 2.5 update
- Intelligent speed limit assistance
- ACC. Reading the current road speed limit in the LCC state, one-key adjustment (support manual/automatic) this function is also one of the highlights.
- Lane centering assistance
- Optimize curve performance
- Support navigation to identify dangerous locations and give early warning
- Support cone barrel recognition
- Support early warning of construction scenarios
Sensing between parallel and vertical parking spaces, marked and unmarked spaces, the Auto Parking Assistance achieves a success rate of up to 80%. In narrow spaces inconvenient to get in or out of the vehicle, XPeng G3 can automatically handle the parking function for you.
- Added wireless charging switch setting
- Added voice drop lock function
- Added voice knob function
Xiao P is XPeng‘s AI-empowered intelligent voice assistant that users access through natural voice control to navigate, listen to music, adjust temperature, seating and to conduct other in-car functions. The assistant can distinguish the voice of the driver from that of other passengers with a voice recognition accuracy of 98.6%.
Bank of America analyst lowered on Tuesday the firm’s price target on XPeng shares from $46 to $40. The first quarter results reported on Monday by the EV maker came in line with BofA’s forecast with Gross Processing Margin (GPM) at 12.2%, up from 12.0% in the last quarter of 2021.
The company announced on Monday that will launch a news platform called Inside XPeng on May 25 bringing exclusive insights and the latest news to the customers and enthusiasts. According to the teaser posted by the EV maker, Alex Guberman will be hosting and provide insights about the models launched so far, LiDar technology, data, sustainability, future mobility, lifestyle an other areas.
Last week, XPeng opened its first Brand Experience Store in Norway located in Bjørvika, downtown Oslo. The Oslo store is XPeng‘s fourth one, after the opening of locations in Sweden, Denmark, and the Netherlands earlier this year. In June, XPeng will participate in the 35th International Electric Vehicle Symposium (EVS35) 2022 in Oslo, the world’s largest international EV event.
Recently, XPENG G9 was seen under spy mode in China and in Portugal. G9 model will have a starting price lower than the competitors Tesla’s Model Y, Nissan Ariya, and Ford Mustang Mach-E.
The company announced on May 1 that delivered 9,002 Smart EVs in April 2022, representing a 75% increase year-over-year. According to the company, the February deliveries consisted of 3,714 P7 smart sports sedans, 3,564 P5 smart family sedans, as well as 1,724 G3i and G3 smart compact SUVs.