Volkswagen CEO Eyes ‘Big Moves' in China to Gain Thousands of Coders [Business News Network (BNN) (Canada)]
XPeng Inc. American depositary shares, each representing two Class A ordinary shares (XPEV)
Company Research
Source: Business News Network
when it comes to equipping cars with the latest digital technology, Chief Executive Officer Herbert Diess said. “It's probably not enough just to hire people from other companies,” Diess said in video posted this week on LinkedIn. “We are considering also big moves in China.” Keeping up with offerings from Chinese manufacturers is becoming a challenge for Western automakers. The likes of XPeng Inc., Nio Inc. and BYD Co. are equipping their vehicles with karaoke microphones and sophisticated cameras for singing and streaming, while also providing connectivity to features such as in-car payment and social media. READ: Volkswagen Pulls Out All the Stops to Address China Challenges Diess has identified software as a key differentiator. He regularly cites Nokia's failure to keep up with the iPhone as a cautionary tale and has said self-driving functions will bring about an even more fundamental transformation of the industry than batteries. China is Volkswagen's biggest market an
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XPEV
News
- XPENG to Showcase AI-powered Smart EV innovations at Beijing Auto Show 2024GlobeNewswire
- XPENG Publishes 2023 Environmental, Social and Governance ReportGlobeNewswire
- XPENG Files 2023 Annual Report on Form 20-FGlobeNewswire
- XPENG and the Volkswagen Group Announce Entry into the Framework Agreement on E/E Architecture Technical Collaboration [Yahoo! Finance]Yahoo! Finance
- XPENG and the Volkswagen Group Announce Entry into the Framework Agreement on E/E Architecture Technical CollaborationGlobeNewswire
XPEV
Earnings
- 11/15/23 - Beat
XPEV
Sec Filings
- 4/19/24 - Form 6-K
- 4/17/24 - Form 6-K
- 4/17/24 - Form 6-K
- XPEV's page on the SEC website