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Tag: XPeng

  • Two ‘Flying Cars’ Collide During Air Show Rehearsal in China

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    Two “flying cars” collided on Tuesday during an air show rehearsal in China, injuring one of the pilots, according to a report from CNN.

    The incident happened at the Changchun Air Show in Jilin, China, where two XPeng AeroHT aircraft collided midair, forcing one of them to the ground. The other vehicle was able to land safely, according to Electrek, and the cause of the crash is under investigation.

    The company told CNN that the crash was the result of “insufficient spacing” and one of the flying vehicles “sustained fuselage damage and caught fire upon landing.” The condition of the injured pilot is unknown and XPeng didn’t immediately respond to questions emailed Wednesday.

    Videos posted to social media appear to show one of the vehicles on fire as emergency crews work to put out the blaze.

    Xpeng is a large electric vehicle company in China that has been trying to develop flying vehicles over recent years, with AeroHT becoming a subsidiary in 2020, according to Bloomberg.

    XPeng AeroHT has a few different models of flying vehicles and it’s not immediately clear which model was being flown in this case. Electrek suggests it was the X2, first developed in 2021, though Gizmodo couldn’t independently confirm that info.

    The X2 aircraft is sometimes referred to as a “flying car,” though it doesn’t have wheels and can’t drive on the ground before taking flight. It’s more accurately described as an electric vertical-takeoff-and-landing vehicle, abbreviated as eVTOL.

    The XPeng X2 electric flying car is displayed during the 32nd Gaikindo Indonesia International Auto Show (GIIAS) at the Indonesia Convention Exhibition (ICE) in Tangerang, Greater Jakarta, on July 23, 2025. © Photo by YASUYOSHI CHIBA/AFP via Getty Images

    Humanity has been waiting for the flying car for over a century, but it’s never quite panned out. Inventing a flying car isn’t the hard part. We’ve had roadable aircraft since the 1950s, built by inventive tinkerers who got impatient for the future to arrive. But all of the other details that actually go along with bringing a flying car to market are complicated. Piloting them obviously comes with risks, and there are many regulatory hurdles since sane governments don’t want these things just falling out of the sky.

    The flying car always seems about two years away, if you believe the headlines. Even when prognosticators push out the timeline, we’re still bound to be disappointed. For instance, the New York Times promised readers in 2021 that U.S.-based Joby Aviation would have flying cars “in service by 2024,” noting that it would depend on regulatory approval.

    We’re here in 2025, and we’re still waiting on flying cars to go mainstream. Because it’s not just regulatory approval. These kinds of flying vehicles can run into problems, just like people at the Changchun Air Show saw on Tuesday; sometimes it’s technical issues, other times it’s human error. And we just don’t know what caused the crash on Tuesday yet.

    Elon Musk recently floated the idea on X of developing a flying Cybertruck. But we’ve heard that one before, too. Remember when the billionaire said he wanted to build a flying car back in 2014? The newspaper that was interviewing him at the time said you shouldn’t bet against Musk because he “has a reputation for saying things that sound too good to be true – and then making them happen.”

    Well, we’re still waiting.

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    Matt Novak

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  • Xpeng starts removing HD maps from Tesla FSD-like feature in China | TechCrunch

    Xpeng starts removing HD maps from Tesla FSD-like feature in China | TechCrunch

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    Xpeng is often called the Chinese challenger to Tesla for its efforts to bring advanced driving capabilities to its electric vehicles. It’s now getting a step closer to its American counterpart as it gets rid of high-definition mapping in its XNGP assisted driving feature, its equivalent to Tesla FSD.

    Tesla FSD famously does not rely on HD maps, which contain many details such as lane lines, curbs, traffic signs and more. The use of this pre-computed information, combined with sensors like radars and cameras, can help autonomous driving cars to understand the road better and thus drive more safely.

    Tesla not only opted out of HD maps but also made the controversial move to also eliminate lidars, the powerful light detection and ranging method that’s a staple sensing technology in the development of self-driving cars.

    Xpeng still uses lidars, but it’s taken on a technical challenge by rolling out map-free XNGP in 20 Chinese cities soon, the company announced at its tech day on Wednesday. Being map-free means Xpeng’s urban assisted driving feature can drive anywhere, unlimited by where maps have been made or road condition updates. By the end of this year, the map-free XNGP will be available in 50 Chinese cities.

    It’s an interesting time to witness Xpeng’s tech development progress as the company transitions into a new era after losing its former head of autonomous driving to Nvidia.

    Other autonomous vehicle teams in China are also racing to remove the expensive HD maps. Deeproute, which has shifted its focus from developing robotaxis to assisted driving for mass-produced passenger cars, unveiled its map-free autonomous driving solution in March.

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    Rita Liao

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  • Tesla, Rivian, Discover, Sphere Entertainment, Nvidia, and More Stock Market Movers

    Tesla, Rivian, Discover, Sphere Entertainment, Nvidia, and More Stock Market Movers

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  • XPeng Stock Surges on Plan to Buy DiDi’s Smart Vehicle Unit

    XPeng Stock Surges on Plan to Buy DiDi’s Smart Vehicle Unit

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    A lot is going on inside


    XPeng


    these days. Investors have appeared to like it all.

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  • FedEx, First Republic, U.S. Steel, XPeng, and More Stock Market Movers

    FedEx, First Republic, U.S. Steel, XPeng, and More Stock Market Movers

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    Stock futures rose Friday as the biggest banks in the U.S. moved to rescue beleaguered First Republic Bank.

    These stocks were poised to make moves Friday: 


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  • Alibaba, XPeng, Goldman Sachs, and More Stock Market Movers Tuesday

    Alibaba, XPeng, Goldman Sachs, and More Stock Market Movers Tuesday

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  • Chinese EV stocks rise after strong December deliveries

    Chinese EV stocks rise after strong December deliveries

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    Shares of Chinese electric-vehicle makers rose Tuesday in Hong Kong, led by Li Auto Inc., after strong December delivery data.

    Li Auto’s shares
    2015,
    +10.16%

    rose after it posted record-high monthly delivery figures for December last Friday, rounding out 2022 with a 47% increase in deliveries for the year.

    The car maker said December deliveries rose 51% from a year earlier, and said it was “the fastest emerging new energy automaker in China to surpass the 20,000 monthly delivery mark.”

    Li Auto’s shares were up by as much as 8.4% in early Tuesday trading. The city’s benchmark Hang Seng Index
    HSI,
    +1.66%

    was last up 0.7%.

    Although China’s persistent supply-chain shortages stemming from Covid restrictions slowed production and sales, Chinese electric-vehicle makers capped a wild year with strong delivery results.

    NIO Inc.
    9866,
    +2.36%

    delivered 122.486 vehicles for 2022, up about 34%, while XPeng Inc.’s
    9868,
    +7.04%

    deliveries were 23% higher compared with 2021.

    BYD Co.
    1211,
    +4.88%

    reported a 150% increase in December sales, despite production being disrupted by the unwinding of COVID-related measures in the final two weeks of the month. Citi analysts said in a note that they consider BYD a key winner of consolidation in the sector, and maintained a buy rating on the stock with a target price of 640 Hong Kong dollars (US$81.98). BYD shares were last up 3.1% at HK$198.4.

    Looking ahead, Citi analyst Jeff Chung projects EV sales in China could grow another 33% in 2023.

    Shares of Li Auto were last up 8.3% at HK$83.15, while those of XPeng were 5.1% higher at HK$40.3. NIO shares were last 2.6% higher at HK$80.5.

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  • Apple, Alibaba, NIO, and More Stock Market Movers Monday

    Apple, Alibaba, NIO, and More Stock Market Movers Monday

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    Stock futures traded lower Monday as investors remained keyed on interest rate policy from the Federal Reserve and as a surge in China stocks over a loosening of Covid-19 restrictions in the country failed to boost U.S. equities.

    Here are some stocks that could make moves Monday:

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