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XPENG-W Predicts Intense Auto Mkt Rivalry, Only 5-7 EV Makers to Survive in Next Decade
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He Xiaopeng, Chairman and CEO of XPENG-W (09868.HK) (XPEV.US), recently stated that XPeng pioneered intelligent vehicle development a decade ago. The company now focuses on new directions under the intelligent trend, integrating AI, electric power, and embodied intelligence to explore diverse mobility solutions. He predicted fierce competition in the automotive market over the next decade, estimating that only 5-7 new energy vehicle companies will survive. AAStocks Financial News |
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