01:59 / 08.02.2025
20

Xpeng to Invest $1.3 Billion in AI and Research & Development

Xpeng to Invest $1.3 Billion in AI and Research & Development
Xpeng CEO He Xiaopeng announced at the 2025 Guangdong Development Conference that the company will invest 9.5 billion yuan ($1.3 billion) in R&D, with 4.5 billion yuan specifically allocated to artificial intelligence.

Xpeng has already invested over 50 billion yuan ($6.8 billion) in research and innovation. According to He Xiaopeng, a breakthrough in autonomous driving could revolutionize China’s automotive industry within the next five years, potentially even surpassing the impact of electric vehicles.

Currently, all Xpeng vehicles support Level 2 autonomous driving, and the company plans to introduce Level 3 autonomy in select models by the end of 2024.

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