XPENG launches industry's first AI-powered in-car OS, promoting AI-enabled smart driving experience

Rhea-AI Summary

XPENG Motors has launched XOS 5.1.0, the first AI-powered in-car OS called Tianji, on May 20, 2024. This system integrates advanced AI technology to enhance smart driving experiences for eligible XPENG models. Key features include the AI assistant Xiao P, AI Chauffeur, and AI Bodyguard.

The OS utilizes XPENG's deep neural network XNet, planning model XPlanner, and language model XBrain, significantly improving perception, planning, and decision-making capabilities. The system promises enhanced driving safety and comfort through high-level autonomous driving capabilities.

XPENG plans to extend smart driving features to all roads in China by Q3 2024 and achieve L4-level autonomous driving by 2025. The company is investing heavily in R&D, with plans to recruit 4,000 professionals and allocate 3.5 billion renminbi in 2024.

Positive

• XPENG launches AI-powered XOS 5.1.0, enhancing smart driving.
• AI Tianji System improves frame rate, responsiveness, and application launch speed by over 30%.
• AI assistant Xiao P offers personalized in-car services.
• AI Chauffeur improves driving safety and comfort.
• XPENG's new models include robust self-learning capabilities with AI Valet Driver.
• AI Parking increases parking capabilities by 3x and speed by 50%.
• Plans to extend smart driving features to all roads in China by Q3 2024.
• XPENG targets L4-level autonomous driving by 2025.
• Investing 3.5 billion renminbi in R&D and recruiting 4,000 professionals in 2024.

Negative

• No specific financial performance data disclosed in the PR.
• High R&D investment may increase operational costs.
• Potential risks associated with the adoption and performance of new AI technology.
• Heavy reliance on AI advancements which may face regulatory challenges.

Financial Analyst

XPENG's unveiling of its AI-powered in-car OS, XOS 5.1.0, marks a significant milestone in the smart EV sector. This technology advancement can boost XPENG's market position as a leader in AI smart driving, potentially attracting more customers seeking advanced autonomous driving features.

Financial Implications: The investment of 3.5 billion renminbi in R&D and the hiring of 4,000 professionals indicate a substantial commitment to innovation. Additionally, an annual investment of 720 million renminbi in computing power training shows XPENG's dedication to maintaining its technological edge. If this strategy succeeds, it could result in increased sales and market share, positively impacting the company’s revenue streams and long-term financial health.

However, such heavy investments come with risks, including potential delays in ROI and the competitive nature of the EV and AI markets. Stakeholders should be aware of these potential financial strains and monitor XPENG's ability to deliver on its promises within the projected timeframes.

Tech Expert

XPENG's introduction of the XOS 5.1.0 AI-powered in-car operating system is a groundbreaking step in automotive technology. The integration of end-to-end large model technology into the OS is a first in the industry, emphasizing XPENG's pioneering role. The use of AI large models like XNet, XPlanner and XBrain enhances the vehicle’s ability to understand and navigate complex driving scenarios.

Technical Analysis: The neural network XNet uses pure vision to provide a 3D representation of the environment, comparable to LiDAR systems, which is a significant advancement in automotive perception technology. This could potentially reduce costs associated with expensive LiDAR hardware, making advanced autonomous features more accessible to consumers. The XPlanner and XBrain models further enhance driving strategies and decision-making capabilities, aiming to offer a more seamless and safe driving experience.

However, the heavy reliance on AI and data processing requires robust infrastructure and continuous updates, implying significant ongoing costs. Additionally, the market’s acceptance of these advanced features will be important in determining their success.

Market Research Analyst

XPENG's announcement positions the company at the forefront of the smart EV market, emphasizing its commitment to AI-driven innovation. The launch of XOS 5.1.0, with integrated AI capabilities, differentiates XPENG from competitors in the burgeoning Chinese EV market and globally.

Market Dynamics: The shift from electrification to smartification in the automotive industry highlights a growing consumer preference for vehicles that offer enhanced safety, convenience and personalized experiences. XPENG’s focus on these aspects, through features like AI Valet Driver and AI Chauffeur, caters to these evolving consumer demands and could drive up demand for XPENG vehicles.

Moreover, the upcoming debut of the MONA series in June could further bolster XPENG's product lineup, potentially translating into higher sales volumes and market share. However, it’s important to consider the competitive landscape, as other automakers are also enhancing their smart driving technologies. XPENG's ability to maintain its technological lead and consumer interest will be key to its sustained market success.

• XPENG upgrades XOS 5.1.0, AI Tianji, the industry's first AI-powered in-car OS, for all eligible users on May 20
• XOS 5.1.0 integrates end-to-end large model technology, enhancing the smart driving experience for XPENG car owners
• Intelligent and personalized in-car AI assistant services through AI assistant Xiao P, AI Chauffeur, and AI Bodyguard
• XPENG AI Valet Driver offers customizable, end-to-end smart driving experiences across China

BEIJING, May 20, 2024 (GLOBE NEWSWIRE) -- XPENG Motors (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today showcased its cutting-edge advancements in AI technology and announced the full rollout of the XOS 5.1.0, Tianji, in-car OS to all eligible XPENG models during the XPENG AI DAY event themed "Pioneering a new era of smart AI driving."

XPENG AI Day Press Conference asset library

At the press conference, XPENG Chairman and CEO He Xiaopeng also announced major news: "The first model of the MONA series will debut in June this year," and clearly outlined XPENG's new market positioning as the global pioneer and promoter of AI smart driving.

Unveiling the first in-car OS that integrates mass-produced end-to-end large model in China

Led by AI technology, the Chinese automotive market is undergoing a transformation from electrification to smartification. AI-powered smart vehicles are accelerating their evolution, offering more human-like decision-making and enhanced, safer driving experiences through end-to-end data iteration.

For XPENG, AI Smart EVs possess three core characteristics: Active learning, rapid growth, and personalized experiences.

The core technology involves feeding and training AI large models with unlimited rules to enhance their understanding, perception, and decision-making abilities in complex scenarios. Currently, XPENG has developed core algorithms for perception, positioning, planning, and decision-making, and established both vehicle-end and cloud-end data processing capabilities, enabling rapid algorithm iteration based on real data, and continuously providing users with enhanced autonomous driving capabilities through OTA updates.

XPENG's XNet, XPlanner and XBrain

XPENG has introduced China’s first mass-produced end-to-end model for smart driving: The neural network XNet, the planning and control large model XPlanner, and the large language model XBrain. This integrated system enhances intelligent driving capabilities by two times.

The XNet deep visual neural network combines dynamic XNet, static XNet, and the industry's first mass-produced pure vision 2K occupancy network. This system empowers the autonomous driving system with capabilities comparable to LiDARs, using pure vision and creating a 3D naked-eye experience. The 2K pure vision network reconstructs the world with over 2 million grids, providing 3D representations of drivable spaces and clearly recognizing every detail of static obstacles. Its perception range is doubled, covering an area equivalent to 1.8 football fields, and can accurately identify over 50 types of objects to see further and clearer.

Moreover, XPENG has introduced the neural network-based planning model, XPlanner. XPlanner, like a human cerebellum, continually trains with vast amounts of data, making driving strategies increasingly human-like. This reduces driving jerks by 50%, improper stops by 40%, and passive human takeovers by 60%, providing an "experienced driver"-like smart driving experience that significantly enhances user comfort and safety.

With the introduction of the AI large language model architecture, XBrain, XPENG's autonomous driving system gains human-like learning and comprehension capabilities, significantly improving its handling of complex and even unknown scenarios as well as its reasoning and understanding of real-world logics. For example, with the support of XBrain, the autonomous driving system can recognize turn zones, tidal lanes, special lanes, and road sign text, as well as various behavioral commands such as stop and go, fast and slow. This enables it to make human-like driving decisions that balance safety and performance.

Based on over 1 billion kilometers of video training, more than 6.46 million cumulative kilometers of real-world testing, and over 216 million cumulative kilometers of simulation testing, XPENG's end-to-end large model can iterate every two days. In the next 18 months, smart driving capabilities are expected to improve by 30 times. By the third quarter of this year, XPENG aims to extend XNGP coverage to all roads in China, offering an urban smart driving experience that will rival its highly acclaimed highway smart driving by 2025.

Additionally, He Xiaopeng mentioned at the press conference: "By 2025, XPENG will achieve L4-level autonomous driving experience in China," and that XPENG is currently testing the end-to-end capabilities of XNGP globally, hastening the arrival of fully autonomous driving.

The previously released end-to-end large model has further validated XPENG’s systematic capabilities in AI smart driving technology. Compared to relying on first-generation HD map coverage, XPENG’s end-to-end large model and its mapless driving technology is ahead of the whole industry by two generations. The company plans to invest 3.5 billion renminbi in R&D and recruit 4,000 professionals in 2024, with an additional annual investment of 720 million renminbi in computing power training to accelerate the evolution and iteration of AI smart cars.

AI Tianji System XOS 5.1.0: The first step into the smart AI driving era

The AI Tianji System XOS 5.1.0, launched at this event, represents another pioneering field for XPENG in AI technology applications. It is the industry's first in-car OS to comprehensively apply AI technology to both smart cockpits and smart driving. Its advanced features ensure smooth experience all the time. After upgrades, average frame rates, first-frame responsiveness, and touch response speeds have all improved by over 30%, with application launch speeds up by 50%. User satisfaction during beta tests has exceeded 97%.

Fully integrated with AI large models, the AI Tianji System provides more intelligent and personalized in-car AI assistant services through its core functions: AI assistant Xiao P, AI Chauffeur, and AI Bodyguard, ensuring safer and more comfortable driving experiences, whether in smart driving or human driving modes.

Comprehensive smart cockpit experience

XPENG introduced the industry’s first "all-domain large language model" for smart cockpits, in collaboration with Alibaba Tongyi Qianwen and Zhipu AI, deeply integrating AI large model capabilities into all driving scenarios. This system actively senses and infers user needs, easily achieving “hears commands, understands, and executes.”

The new AI assistant Xiao P, based on the deep application of AI large models, is more human-like and understanding, providing concierge-level services through functions like Smart Reasoning, Smart Scheduling, In-car Encyclopedia, etc. For example, a user's simple command like "Remind me to watch my speed when I pass here" or "Wake me up in 20 minutes" can prompt precise service through Smart Scheduling accordingly. Smart Reasoning can deduce user needs from statements like "I'm a bit cold," inferring whether to adjust the air conditioning. Smart Creation and In-car Encyclopedia offer personalized companion experiences as a car steward, encyclopedia teacher, or creative assistant. Smart World View senses and understands the real surrounding environment, accurately assisting with user commands. With AI Chauffeur, XPENG becomes an intelligent ecosystem with external sensory capabilities, providing real-time information to ensure driving safety and convenience.

AI Chauffeur: Customizable, end-to-end smart driving experience

XPENG’s AI Chauffeur offers comprehensive smart driving experiences covering all driving and parking scenarios with three core functions: AI Valet Driver, AI Parking, and AI Bodyguard, ensuring safer and more comfortable experiences in both smart driving and manual driving.

While the industry is still debating the "feasibility" of autonomous driving, XPENG is already focusing on the future of "personalized experiences." AI Valet Driver marks XPENG’s first step toward "customized" and personalized smart driving.

XPENG launched AI Driver Valet at the event, the industry's first mass-produced "end-to-end" memory-based navigation smart driving. With robust self-learning capabilities, AI Valet Driver achieves “zero interventions and zero downgrades” on commuting routes, generating customized driving routes after just one learning session. Each user can store up to 10 memory routes, with each route up to 100 km long, ensuring smart and human driving experiences are equally proficient.

Facing challenges of narrow parking spaces, XPENG’s AI Parking, the world’s first mass-produced remote-free valet parking and auto summon feature, enables fully automated valet parking and rapid parking in multiple scenarios. This technology increases parking capabilities by three times and parking speed by 50%, effortlessly managing complex parking scenarios like side and dead-end parking. Combined with the mobile app, users can pause and resume parking at any time, making parking more efficient and enjoyable.

About XPENG

XPENG is a leading Chinese Smart EV company that designs, develops, manufactures, and markets Smart EVs that appeal to the large and growing base of technology-savvy middle-class consumers. Its mission is to drive Smart EV transformation with technology, shaping the mobility experience of the future. In order to optimize its customers’ mobility experience, XPENG develops in-house its full-stack advanced driver-assistance system technology and in-car intelligent operating system, as well as core vehicle systems including powertrain and the electrical/electronic architecture. XPENG is headquartered in Guangzhou, China, with main offices in Beijing, Shanghai, Silicon Valley, San Diego and Amsterdam. The Company’s Smart EVs are mainly manufactured at its plants in Zhaoqing and Guangzhou, Guangdong province. For more information, please visit https://www.xpeng.com/.

Contacts:

For Media Enquiries:

PR Department

Email: pr@xiaopeng.com

Source: XPENG Motors/Xmotors Limited

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/6b8cfd89-c51a-4cb5-9f23-a568136c8b9f

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A video accompanying this announcement is available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/baaee17e-a06e-4b30-9282-8fde53c50a0c

FAQ

What is the XPENG XOS 5.1.0?

The XPENG XOS 5.1.0 is an AI-powered in-car operating system designed to enhance smart driving experiences.

When was the XPENG XOS 5.1.0 launched?

XPENG launched the XOS 5.1.0 on May 20, 2024.

What features does XPENG's XOS 5.1.0 include?

Key features include the AI assistant Xiao P, AI Chauffeur, and AI Bodyguard, enhancing smart and safe driving experiences.

What advancements does XPENG's AI Tianji System offer?

The AI Tianji System improves frame rates, responsiveness, application launch speeds by over 30%, and provides personalized in-car AI services.

What are XPENG's future plans for smart driving?

XPENG plans to extend smart driving features to all roads in China by Q3 2024 and achieve L4-level autonomous driving by 2025.

How much is XPENG investing in AI R&D in 2024?

XPENG is investing 3.5 billion renminbi in R&D and recruiting 4,000 professionals in 2024.

What is the AI Valet Driver?

The AI Valet Driver is a customizable smart driving feature that offers memory-based navigation and self-learning capabilities for XPENG vehicles.

What improvements does XPENG's AI Parking offer?

XPENG's AI Parking increases parking capabilities by three times and speed by 50%, handling complex parking scenarios efficiently.

What are the key components of XPENG's AI technology?

XPENG's AI technology includes the neural network XNet, planning model XPlanner, and large language model XBrain.