Xpeng and Huawei-backed Carmakers Surge Ahead in EV Deliveries, Intensifying Autonomous Driving Competition

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Xpeng and Huawei-backed Carmakers Surge Ahead in EV Deliveries, Intensifying Autonomous Driving Competition

Xpeng and Huawei-backed carmakers have set new delivery records in the electric vehicle market, showcasing significant growth and competition in the industry. Aito, a Huawei-backed brand, has become China’s best-selling electric vehicle among upstarts, surpassing Li Auto and Nio in deliveries for two consecutive months. The competition in assisted driving technologies has intensified among Xpeng, Li Auto, and Huawei, with advancements in features like high-speed Navigation-based Cruise Assist and urban smart driving capabilities2.

Fierce Price War and Race Towards Autonomy

The market is witnessing a fierce price war and a race towards autonomy, with companies like Xpeng, Aito, and other EV startups posting impressive delivery figures and technological advancements2. The future of sustainable transportation is evolving rapidly, with discussions on the potential impact of Chinese automakers like Huawei and Xiaomi on the global market and the competition they pose to non-Chinese legacy automakers.

Potential Shift Towards End-to-End Solutions

Regarding the potential move towards end-to-end (E2E) solutions similar to Tesla, it is plausible given Xpeng and Huawei’s focus on benchmarking and advancing their technologies in the electric vehicle and self-driving space. Xpeng has been closely following Tesla’s Full Self-Driving (FSD) technology and has made significant strides in this area, while Huawei has been working on enhancing its solutions to compete with Tesla. Therefore, it wouldn’t be surprising if both Xpeng and Huawei are moving towards end-to-end solutions to enhance their competitiveness in the market