Ecosystem’s camera module and development tools are based on Microchip’s VS700 family of serializers and deserializers and will help Japanese OEMs speed ASA-ML adoption in ADAS applicationsCHANDLER, Ariz., July 02, 2025 (GLOBE NEWSWIRE) -- An automotive industry transition is underway to replace proprietary camera connectivity with solutions based on the open and interoperable Automotive Serdes Alliance Motion Link (ASA-ML) standard driven by over 150 member companies worldwide. To simplify and accelerate t ...

Core Insights - XPeng Inc. reported a significant increase in vehicle deliveries, with 35,045 Smart EVs delivered in April 2025, representing a 273% year-over-year growth [2][6] - The company has maintained a delivery rate exceeding 30,000 units for six consecutive months, and cumulative deliveries of the XPENG MONA M03 have surpassed 100,000 units [2][6] - For the first four months of 2025, XPeng delivered a total of 129,053 Smart EVs, marking a 313% increase compared to the same period last year [2] Delivery Performance - In April 2025, XPeng achieved a delivery milestone of 35,045 Smart EVs, which is a 273% increase from April 2024 [2] - The XPENG P7+ reached its 50,000th vehicle production milestone within five months of its launch [2] User Engagement and Services - XPeng's advanced driver-assistance system, XNGP, achieved a monthly active user penetration rate of 84% in urban driving as of April 2025 [3] - The company launched its ADAS Insurance Service in China on April 28, 2025, priced at RMB 239 per year, providing additional coverage during NGP operation [3] Company Overview - XPeng is a leading Chinese Smart EV company focused on designing, developing, manufacturing, and marketing Smart EVs for technology-savvy middle-class consumers [4] - The company develops its full-stack advanced driver-assistance system technology and in-car intelligent operating system in-house, along with core vehicle systems [4] - XPeng is headquartered in Guangzhou, China, with manufacturing plants located in Zhaoqing and Guangzhou, Guangdong province [4]