2026年北京车展-小鹏集团主题发布会 | 2026 Beijing Auto Show – Xpeng Group Press Conference

Good morning, everyone. Welcome to the 2026 XPeng Beijing Auto Show. I believe today will be a busy day. At the XPeng booth, I want to share three different things with you. I think this year's auto show is themed 'Leading the Era, Defining the Future.' I believe this is closely related to the future of the automotive industry, including XPeng, and the development of the AI and physical AI industries. For me, there are three things today. The first is to announce XPeng's transformation from an automotive company to a technology group. What does it mean? It means we believe that in the past, cars were competing in the same track. But I believe in the next 5 to 10 years, we will see XPeng and many other automotive companies take a differentiated, high-quality development path, creating unique companies in AI and physical technology. Today, I am very happy to bring you our cars and our robotaxis, our flying car on the left, and our robot on the right. At the end of last year, at our XPeng Tech Day, our robot sparked a huge global discussion. People were debating whether it was a real person. Even after we cut open the skin and muscle on its right leg, many people still suspected there was a disabled person inside. Of course, just a little joke. We can see our flying car has pioneered a completely new business model. In human history, no one has ever combined a car and an airplane like this. In the past year or so, we have received 7,000 orders.

The second thing I want to share with you today is about XPeng's intelligent assisted driving. As you know, at the end of last month, after the official launch of XPeng's new generation of intelligent assisted driving, the second-generation XNGP, we sparked intense discussion and significant market attention with its reassuring, smooth, full-scenario capabilities and very high usage efficiency. In the recent two to three weeks, we have seen a lot of interesting data. Let me quickly share the first one. Our entire MONA M03 lineup, our orders increased by 118% month-over-month in April. And for first-time orders, it increased by 129.3%. This shows that the second-generation XNGP has made XPeng's intelligent assisted driving a core reason for more people to buy a car. It used to be a bonus feature, but now it has become a must-have option.

The second data point is about our users who purchased and activated XNGP. In the first week after getting their new car, although we see the following two to three weeks are completely the same, the activation rate of XPeng's second-generation XNGP reached 98.52%. Remember, the denominator is all scenarios. In other words, over the past two to three weeks, many of our users have been using assisted driving, and they are using it every day. My team also told me that our assisted driving mileage and coverage rate have both doubled. So, from another perspective, assisted driving has gone from being liked by many users to being used every day.

The third set of data shows a very interesting point. First, driving mileage increased by 115% month-over-month. The number of takeovers per 100 kilometers decreased by 25%. I particularly want to point out that the denominator for the reduction in takeovers per 100 kilometers is that the total usage mileage has already increased by 115%. In other words, in the past, if you drove 100 kilometers, the number of takeovers has actually decreased significantly, but it has added an extra 115 kilometers of usage mileage. So we can see that XPeng's second-generation assisted driving, in my opinion, far surpasses the previous generation in terms of usage range and takeover performance.

Let me share another very interesting data point. After the second-generation XNGP, the positive feedback rate for test drives at our stores reached 98%. This exceeds XPeng's previous years of test drives for intelligent assisted driving. And I am very confident that five years ago, test drives for assisted driving had to be on the highway. Three years ago, they were on main roads. Soon, we will be able to test drive in parks, underground parking lots, and residential communities. A very good indicator of our data is that the decision-making time from test drive to order has decreased by 44% month-over-month. For the first time, we are seeing good technology quickly translate into good business results.

There is another data point. We used to say that many users of intelligent assisted driving in China are men, geeks, and tech enthusiasts. But women, especially mothers in the family, may not dare to drive. How many women here use assisted driving every day? 1, 2, 3, 4, 5, 6. Thank you. Actually, there are many women here today. Many women I know ask me many soul-searching questions. They ask, 'Can it be used in traffic jams?' 'Can it be used inside the community?' 'Can it be used in the company's parking lot or campus?' I say, 'Sorry, you have to take over.' So they really expect a reassuring, full-scenario assisted driving that makes them feel completely at ease. So with our recent second-generation XNGP, we see a data point: among XPeng's female owners over 50 years old, 95.3% have started to use and like XPeng's XNGP. I believe this is the true beginning of nationwide assisted driving.

At the same time, let me share a data point. Everyone knows that in the past, highways and urban areas were the standard for judging intelligent assisted driving. But in complex small alleys, the number of takeovers has decreased by 36% compared to before. We are the king of small alleys. And soon, next month, we will see a brand-new upgrade in parks and communities. I will share more details on this in a few slides. This page is very important. As you know, in April of this year, the China Association of Automobile Manufacturers released data showing that from April 1st to 19th, passenger car sales in China decreased by 26% year-over-month and also saw a double-digit decline month-over-month. But I want to share with you that after the launch of the second-generation XNGP, during the same period from April 1st to 19th, XPeng's sales increased by 74% month-over-month and 56% year-over-month. I am actually very happy that high-level assisted driving can truly make users go from wanting to use it to definitely wanting to buy it. I think this is a huge prospect. It represents that XPeng's assisted driving has achieved an undisputed first place in the industry.

In May of this year, next month, we will release the second version of our second-generation XNGP. In this version, I want to share with you that we will open up roaming in parks and underground parking lots. This means that whether you set a navigation destination or not, it can drive. Second, in places without navigation maps, like many of our parks, China's previous intelligent assisted driving relied mainly on memory-based driving. In other words, it remembers how you drive. But from another perspective, for future cars and robots, when you use them in communities, parks, or even at home, do they need a map? No. Starting next month, the second version of XPeng's XNGP will add this feature. After adding this feature, we will see XPeng's XNGP support full-scenario driving, starting directly from where you are without needing to drive onto the main road. Isn't that cool? I truly believe that in the future, intelligent assisted driving will have a special feature: besides highways, urban areas, and communities, it can start from any location. You can use voice commands or buttons to tell it, 'Hey, drive to the office.' Then you can go directly from your home parking lot to the company parking lot. So I believe this new version of intelligent assisted driving will be very popular.

I have been looking at XPeng's XNGP recently. As you know, we released the first version at the end of March, and the second version in May. In May, the second version will be rolled out to more models, including the P7+, G9, G6, and the GX here. I want everyone to please believe that this generation of XNGP has just been launched. In future versions, based on the testing I know of, there is potential for improvement of several tens of percent to two or three hundred percent. So please look forward to it. From intelligent assisted driving to a higher level of autonomous driving, I believe it will definitely arrive in the next few years.

The third part today brings you the main character, XPeng's full-size flagship SUV, the XPeng G9. We have put a tremendous amount of effort into the word 'flagship.' We have not only focused on high aesthetics, high quality, and overall chassis capability, but we have also incorporated the best XNGP intelligent assisted driving. We have also brought many new capabilities. We have integrated the safety features from our flying car and the intelligent experience from our robot into this car. We aim to build a true flagship in our hearts. As a family vehicle, the most important aspect of a flagship is safety. Active safety is something many talk about, and passive safety is something many companies are doing very well. But XPeng has done a lot in a third, new area of safety, which is redundancy safety. When you drive a flagship SUV to distant places, back to your hometown, or on a longer trip, you might encounter a situation where a core component needs repair. What do you do then? You should know that for the XPeng G9 flagship, we have brought over the redundancy capabilities from our flying car. This means that even if a single core component fails, the entire vehicle can continue to operate stably, ensuring our safety.

In this regard, we have introduced a feature called the Intelligent Assisted Driving Driver Private Assistance System. Recently, many of our friends have been experiencing this feature, and I am surprised. They are all coming to experience it. This means that when you are driving this car on the highway and you fall asleep, or if you are feeling unwell and cannot control the car, the car will automatically identify the situation, pull over to the side, and call for help. Many people who have experienced it say it's amazing. It's a very, very great feature. So I believe no one hopes to use it, but in very rare cases, it might help each of us.

After the G9 was launched, many people said it was impressive. It has six experience details that are very good. First, even with six people seated, it can still hold six 24-inch suitcases. In our statistics, other cars of the same size have not achieved this. Second, the third row can be folded. I hope everyone will come and see it. A three-row car where the third row can be electrically folded, becoming a four-seater or a five-seater. When it's a four-seater, you can fit four bicycles in the back. When it's a five-seater, your family's large dog will have a very comfortable place to lie down in the car. At the same time, we can see the third point: the third-row seatback can fold back 180 degrees. Remember, in past three-row cars, I don't recall any car that could lay flat 180 degrees backward. Of course, this is only safe when the vehicle is stationary. Fourth, the G9 comes standard with a dual-zone, antibacterial, and deodorizing large refrigerator, which we developed with Midea. Fifth, we have made the air conditioning vents at the top provide surround, sensation-free airflow. I honestly think it's better for the health of parents and children. For someone like me who is often exposed to wind, I'm afraid of catching a cold. Sixth, the privacy glass can adjust its tint in 0.16 seconds. You can try it. The second and third rows can adjust the tint in 0.16 seconds. These are the six most important experience features.

At the same time, today we are sharing that the G9 offers two energy types in one car: pure electric and super range-extender. Our pure electric version has a 750-kilometer range and is all-wheel drive. Remember, this is very difficult to achieve. Second, our super range-extender version has a pure electric range of 430 kilometers and a total range of 1,500 kilometers. And all G9 super range-extender models are all-wheel drive versions. So I believe this will give all friends an unparalleled driving control and range experience in the G9.

Today, we are also bringing you a brand-new G9 color. We call this color 'Kunlun Cloud Mirror.' This color is truly amazing. I want to first tell everyone that you can see here it's Kunlun Cloud Mirror. The bottom is a blue-gray, and the top is like a cloud, a cloud white. It really feels like standing on a mountaintop in the Kunlun range. This car, when we are at the auto show, in sunlight or rain, you will find that this car's color has many layers of change, making it feel extremely premium. How did we achieve this Kunlun Cloud Mirror color? I want to share the most important points. First, it has a 15-layer painting process. The paint film thickness reaches 230 microns. So, as I just said, it can maintain such good color under different sunlight and environments. In this process, we used top-tier three-layer clear coat. Generally, most cars have a clear coat gloss of 85 to 90. Luxury cars are 90 to 95. But this car's mirror gloss reaches 98 GU, which is the highest level measurable by instruments. This car's dual-layer color, when you touch it, the feel is completely smooth. So the color separation process on the waistline of this car is extremely difficult to achieve. In the industry, a color like this is usually priced at 30,000 yuan. We know that a few high-end models even charge 200,000 yuan for a similar dual-layer texture. Today, we are also telling everyone that we are offering it for a limited time for free, a 10,000 yuan value. I believe it's a very sincere price, and I hope everyone will like it.

XPeng's G9 national display cars have just arrived in stores this week. We hope everyone, especially during the auto show and the May Day holiday, will have time to visit an XPeng store to try it out. Try the G9's zero-gravity seats, see the magical third-row electric folding of the XPeng G9, and go for a test drive. Sorry, test drives for the G9 are not yet available, but you can test drive the XNGP on other XPeng models. I believe in the G9, we can see that it meets all the expectations for a flagship model. Because this is a car that XPeng, including myself, has carefully crafted for my friends and my circle. In this regard, I want to put forward one last point. Starting this year, everyone will see XPeng moving upmarket in its brand, expanding its brand, including in flying cars and robots, we will start to do more mass production. In terms of brand elevation, profit improvement, and technological advancement, XPeng will be firm, persistent, and move forward in the next decade. I believe this is different from many other companies. We believe that technology will ultimately lead XPeng to become a global technology equity company. In our recent overseas data, we can share with you that we might be different from many Chinese car companies. Our average selling price in Europe has reached 45,000 euros, which is a very high number. And we are the most expensive Chinese new force automaker with a scaled brand sales volume in Europe. I believe in the next step, everyone will definitely see XPeng launch more luxury, technology-driven cars, robots, and flying cars for the global market. I believe XPeng is worth your expectation. Finally, thank you again for your time. I hope you enjoy the show today. Thank you.