XPeng Inc. XPEV shares are trading relatively flat on Friday after the company hosted its XPENG AI Day event.

According to Benzinga Pro, XPEV stock has lost over 11% in the past year. Investors can gain exposure to the stock via SPDR S&P Kensho Smart Mobility ETF HAIL.

On November 7, the company officially launched the XPENG P7+, the world’s first AI-defined vehicle, in China.

XPeng has also launched the Kunpeng Super Electric System, an advanced 800V high-voltage platform with “ultra-fast” charging and AI-powered optimization.

The system has a 430 km pure electric range and over 1,400 km combined range, with the ability to add 1 km of range per second during charging, per a press release.

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XPeng said that the system includes an “ultra-quiet” range extender and a battery management system that extends lifespan by 30%.

These apart, XPeng also unveiled major advancements in autonomous driving, flying cars, and AI robotics. The company's Ultra model Robotaxi features L4-level autonomy, Turing chips, and 3,000T of processing power.

The XPeng AEROHT flying car is a modular design with simple controls, set for its first public flight in November and pre-orders in December.

Additionally, XPeng’s AI Robot Iron, a humanoid robot with over 60 joints, is already in use for internal operations like factories and stores.

Chairman He Xiaopeng highlighted XPeng’s commitment to AI innovation as a key factor in driving future mobility.

Price Action: XPEV shares are trading lower by 0.11 to $14.21 at last check Friday.

Photo by Koshiro K on Shutterstock

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