Core Viewpoint - The article discusses the competitive landscape of autonomous driving technology, focusing on Xiaopeng Motors' ambitions to surpass Tesla's Full Self-Driving (FSD) capabilities by 2026, as indicated by a public bet made by CEO He Xiaopeng [5][6]. Group 1: Xiaopeng's Strategy and Technology - He Xiaopeng has made a public bet that Xiaopeng's VLA technology will match Tesla's FSD V14.2 capabilities by August 30, 2024, highlighting the competitive nature of the autonomous driving sector [5]. - Xiaopeng's VLA technology is currently not at par with Tesla's FSD V14.2, but the company plans to release VLA 2.0 in the next quarter, which aims to improve its capabilities significantly [6][7]. - The second-generation VLA model will eliminate the "language translation" step, allowing for direct generation of action commands from visual signals, enhancing the vehicle's ability to navigate complex environments [7]. Group 2: Future Projections and Industry Trends - By 2026, Xiaopeng anticipates that its Robotaxi will begin trial operations, with the Ultra model expected to significantly outperform other autonomous driving products in the market [7][8]. - The company is investing heavily in AI and autonomous driving technology, with projected annual R&D expenditures reaching 50 billion yuan, of which 30 billion yuan will be allocated to AI [8]. - He Xiaopeng believes that the next decade will see a larger scale application of L4 autonomous driving, with vehicles becoming "embodied intelligent cars" that integrate with humanoid robotics [8]. Group 3: Competitive Landscape - The competition in autonomous driving is not just about algorithms but also involves data, computing power, and engineering capabilities, as highlighted by Tesla's rapid iteration speed [9]. - The outcome of the public bet will determine whether Xiaopeng can establish itself as a legitimate competitor to Tesla, potentially leading to a reevaluation of the company's market position [9].

Core Viewpoint - The chairman of XPeng Motors, He Xiaopeng, expressed optimism about the company's financial performance in Q2 2025 and announced plans for global expansion of its intelligent driving technology starting in 2026 [1][7]. Financial Performance - He Xiaopeng indicated that the financial results for Q2 2025 will be significantly better than previously expected, with improvements in operational capabilities starting from 2024 [7]. - The company aims to enhance its operational capabilities each quarter, focusing on technology rather than price competition [7]. Strategic Development - He Xiaopeng described a transformative period for XPeng Motors from the end of 2022 to 2025, anticipating a rapid growth phase beginning in Q4 2025 [8]. - The company plans to improve four key capabilities: technical, organizational, commercialization, and global integration [8]. Global Expansion Plans - XPeng Motors aims to launch its intelligent driving technology globally in 2026, although current regulations in Europe are not yet conducive to such advancements [8]. - The company is preparing for OTA (Over-The-Air) upgrades for its vehicles, which will support both hardware and software enhancements [8]. Collaboration and Technology - XPeng Motors is open to collaborations in chip development and superintelligence, alongside its own development of the Turing chip [8]. - The company collaborates with other chip manufacturers, including NVIDIA, to integrate over 5,500 chips in its vehicles, focusing on key chip development while partnering for others [8].