The Xpeng P7+ will be over 5 meters long and will be the first Xpeng model to use a pure vision smart driving solution similar to Tesla's.
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Author: Phate Zhang
Nio's Shenji NX9031 has taped out and is currently in testing, while Xpeng's smart driving chip is already in the process of being taped out.
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BYD's Turkish plant has a planned annual capacity of 150,000 vehicles, and the signing was witnessed by the Turkish president.
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Xpeng's new model, internally codenamed F57, will not be using any LiDAR and move to a pure vision solution similar to Tesla's FSD, a source familiar with the matter told CnEVPost.
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The industrial park, which is adjacent to the Xiaomo Port, has already put into production the first phase of components and the second phase of vehicles.
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Tesla sold 59,261 vehicles in China in June, down 20.15 percent year-on-year but up 7.33 percent from May.
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Syensqo said it and Nio will work together to advance the application and development of more advanced materials for NEVs.
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A C-level change is rarely positive news, but Nio's recent solid operation should help ease market concerns, thus preventing any panic knee-jerk reaction, Morgan Stanley said.
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Codenamed CX1e, the model will be Zeekr's first family SUV, and will be Zeekr's second after the Zeekr 007 to target the mainstream EV market.
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