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Ecodrive Daily > News > XPeng plans to invest over 9 billion yuan into R&D in 2025
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XPeng plans to invest over 9 billion yuan into R&D in 2025

February 7, 2025 3 Min Read
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XPeng plans to invest over 9 billion yuan into R&D in 2025
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Through the 2025 Guangdong Province Improvement Convention, He Xiaopeng, Chairman and CEO of Xpeng acknowledged that Xpeng plans to take a position 9.5 billion yuan (1.3 billion USD) into R&D. Of that 9.5 billion yuan, AI investments will whole round 4.5 billion yuan (600 million USD).

Xpeng has already invested over 50 billion yuan (6.8 billion USD) into R&D and manufacturing, most of it being within the Guangdong Province the place it’s headquartered.

He Xiaopeng went on to state that he believes autonomous driving will rework the Chinese language automotive trade within the subsequent 5 years. He compares this transformation akin to how electrical autos have modified the Chinese language auto trade within the final 5 years. Customers are more and more contemplating autonomous driving as one of many high three components when buying NEVs. 

He Xiaopeng believes Xpeng’s core benefit lies in autonomous driving and they should proceed to take a position and develop their in-house autonomous driving capabilities. Xpeng was an early adopter of autonomous driving capabilities and helps L2 clever driving capability throughout its whole line-up with XPILOT.

He revealed by the second half of 2025, Xpeng goals to attain L3 autonomous driving and develop its availability globally. With L3 autonomous driving, the car can deal with all facets of driving situations and doesn’t require fixed driver supervision – although drivers have to be able to take over at any time. With L2, drivers must continuously monitor the car and its surroundings and can’t deal with all driving eventualities. 

Moreover, in 2025, Xpeng plans to start mass manufacturing of an in-house high-performance Turing chip, which may be utilized to vehicles, flying autos, and robots.

See also  redefining style and versatility in electric SUVs

The corporate bought a complete of 190,068 autos in 2024 and has entered a number of new markets, with the latest being Finland. In 2025, the corporate plans to enter over a complete of 60 nations. He Xiaopeng mentioned. “Within the subsequent 10 years, XPeng Motors goals to attain 50% of its gross sales from abroad markets.”

Sources: ITHome

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Renders of Xpeng Mona SUV revealed, to launch in H2 2025

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China EV international gross sales in Jan: Nio 13,863, Xpeng 30,350, Geely 121,071, BYD 296,446

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Chinese language NEV startup supply rating in Jan 2025, HIMA: 34987, Xpeng: 30350, Xiaomi: 20000+, Nio: 13863

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