XPeng Motors Innovations: New Affordable EV Brand and Safety Measures for eVTOL

XPeng Motors, a leader in the Chinese electric vehicle market, is creating a new brand to produce AI-driven smart cars, focusing on affordability to attract young consumers Designed for the A-class EV segment in China, these cars will be priced between 100,000-150,000 RMB, which translates to approximately $14,000-$21,000 In addition, XPeng is integrating advanced safety features into its eVTOL vehicle, the Aeroht, by incorporating a parachute system that can support up to one ton of weight. This dual-use vehicle, serving as both a car and an air taxi, is a forward-thinking approach to conquering urban traffic challenges.