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Despite EV production being hamstrung by a global semiconductor shortage, XPEV’s state-of-the-art technology and rapidly growing portfolio have contributed to the company’s ability to achieve this milestone. In addition, its Navigation Guided Pilot highway solutions that are integrated into P7 vehicles have been attracting tech-savvy customers in China.
Furthermore, XPEV is expected to launch its P5 sedan commercially in the third quarter of 2021. It will be the company’s first mass-produced smart EV equipped with LiDAR technology.
