Shulou(Shulou.com)11/24 Report--

CTOnews.com March 17 news, Xiaopeng today released 2022 Q4 and full-year results, the results show that Xiaopeng delivered a total of 120000 units in 2022, an increase of 23% over the same period last year, annual revenue of 26.9 billion, an increase of 28% over the same period last year, and a cash reserve of 38.3 billion. Xiaopeng posted a net loss of 9.14 billion yuan in 2022, compared with 4.86 billion yuan in 2021. Without non-GAAP, the net loss was 8.43 billion yuan, compared with 4.48 billion yuan in 2021.

He Xiaopeng, chairman of Xiaopeng Motor, said at the earnings call in the fourth quarter of 2022 that Xiaopeng's second blockbuster model, the G6, will be unveiled at the Shanghai auto show and officially launched and delivered in the middle of the year, according to CTOnews.com. The model is located in the 200000-300000 price range and will reach two to three times the sales of the P7 after mass production. In addition, Xiaopeng will launch a new pure electric 7-seat MPV in the second half of this year.

He Xiaopeng also said that starting from March, Xiaopeng's city NGP will accelerate the landing of multiple models in many cities in Guangzhou, Shenzhen and Shanghai. Through the OTA of city NGP, Xiaopeng Motor took the lead in mass production of BEV timing network XNET based on Transformer in China, and made a milestone in the development and application of deep learning algorithm.

He Xiaopeng said that Xiaopeng will reduce the cost of self-driving by more than 50% from this year to next year, and reduce the cost of vehicle hardware (including power system) by about 25%. At the same time, Xiaopeng car will change from the overall sales of software and hardware to separate sales of software and hardware, making fully autonomous driving standard.

He Xiaopeng also said that the artificial intelligence represented by GPT has a great prospect, there will be a new interpretation of the realization of self-driving, and can make L4 self-driving faster to L5, looking forward to more coupling between GPT-related technologies and all aspects of Xiaopeng's automotive business.

He Xiaopeng said that through the drastic optimization of the organizational structure, the company's strategy and organizational adjustment have achieved remarkable results in the first quarter. At present, all R & D, production and supply chain systems of Xiaopeng report directly to he Xiaopeng, and President Wang Fengying is fully responsible for product planning and sales service system. In the next two years, we will further strengthen the network layout and improve the combat effectiveness of front-line sales personnel through the flattening management of the sales network.

In response to the recent price war in the car market, he Xiaopeng responded that the extremely radical price inclusion in the past two years is inevitable, especially gasoline cars will face great challenges, and gasoline vehicles will certainly fight back. It is believed that many car companies will do a lot of actions from this more radical point of view, giving priority to the size of the market. He Xiaopeng mentioned that Xiaopeng will look down from the original price range of 250000-300000 yuan to the three ranges of 200000, 250000 and 300000, and see that there are still many opportunities to significantly reduce internal marketing costs. and unnecessary R & D costs that do not create customer value. He said that in the future, I believe that one of the very important things for Xiaopeng is to make autopilot in the forefront, or even first. At this time, Xiaopeng will also aggressively occupy a higher position in the market in terms of relevant pricing.

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