The post Xpeng to let other carmakers use its partly-autonomous driving system appeared on BitcoinEthereumNews.com. Chinese electric car company Xpeng announced on Nov. 5, 2025, it is releasing a new version of its driver-assist system. CNBC | Evelyn Cheng Guangzhou, CHINA — Chinese electric car company Xpeng announced Wednesday that by the first quarter of 2026, it will start rolling out a new driver-assist system for navigating narrow roads. Xpeng claimed the new system enables cars to drive themselves smoothly through tight streets — which it played up as better for the European market — and significantly reduces the need for human intervention. The Chinese company said that German automaker Volkswagen will be its first client as Xpeng opens the system to other car makers. Speaking at the company’s “AI Day,” Xpeng CEO Xiaopeng He claimed the new driver-assist system — which builds on Xpeng’s existing systems for assisting drivers with parking, driving on highways and navigating city roads — required less human intervention than Tesla’s Full Self-Driving (FSD) system, and completed a test route several minutes quicker. “Next month I will go to the U.S. to compare [Xpeng’s latest system] to FSD again,” He said in Mandarin, translated by CNBC. The new model is also able to respond to traffic controllers’ hand gestures, as well as to traffic light countdowns from red to green, the company said. Tesla has struggled to get Beijing’s approval to roll out FSD in mainland China. Xpeng started releasing its driver-assist tech in major Chinese cities in early 2023, and the systems have rapidly become a must-have feature for Chinese companies wanting to survive in the highly competitive domestic market. Just as Tesla has expanded this year into robotaxis, Xpeng on Wednesday announced plans to launch three robotaxi models next year and start testing in Guangzhou. Source: https://www.cnbc.com/2025/11/05/xpeng-to-let-other-carmakers-use-its-partly-autonomous-driving-system.htmlThe post Xpeng to let other carmakers use its partly-autonomous driving system appeared on BitcoinEthereumNews.com. Chinese electric car company Xpeng announced on Nov. 5, 2025, it is releasing a new version of its driver-assist system. CNBC | Evelyn Cheng Guangzhou, CHINA — Chinese electric car company Xpeng announced Wednesday that by the first quarter of 2026, it will start rolling out a new driver-assist system for navigating narrow roads. Xpeng claimed the new system enables cars to drive themselves smoothly through tight streets — which it played up as better for the European market — and significantly reduces the need for human intervention. The Chinese company said that German automaker Volkswagen will be its first client as Xpeng opens the system to other car makers. Speaking at the company’s “AI Day,” Xpeng CEO Xiaopeng He claimed the new driver-assist system — which builds on Xpeng’s existing systems for assisting drivers with parking, driving on highways and navigating city roads — required less human intervention than Tesla’s Full Self-Driving (FSD) system, and completed a test route several minutes quicker. “Next month I will go to the U.S. to compare [Xpeng’s latest system] to FSD again,” He said in Mandarin, translated by CNBC. The new model is also able to respond to traffic controllers’ hand gestures, as well as to traffic light countdowns from red to green, the company said. Tesla has struggled to get Beijing’s approval to roll out FSD in mainland China. Xpeng started releasing its driver-assist tech in major Chinese cities in early 2023, and the systems have rapidly become a must-have feature for Chinese companies wanting to survive in the highly competitive domestic market. Just as Tesla has expanded this year into robotaxis, Xpeng on Wednesday announced plans to launch three robotaxi models next year and start testing in Guangzhou. Source: https://www.cnbc.com/2025/11/05/xpeng-to-let-other-carmakers-use-its-partly-autonomous-driving-system.html

Xpeng to let other carmakers use its partly-autonomous driving system

Chinese electric car company Xpeng announced on Nov. 5, 2025, it is releasing a new version of its driver-assist system.

CNBC | Evelyn Cheng

Guangzhou, CHINA — Chinese electric car company Xpeng announced Wednesday that by the first quarter of 2026, it will start rolling out a new driver-assist system for navigating narrow roads.

Xpeng claimed the new system enables cars to drive themselves smoothly through tight streets — which it played up as better for the European market — and significantly reduces the need for human intervention. The Chinese company said that German automaker Volkswagen will be its first client as Xpeng opens the system to other car makers.

Speaking at the company’s “AI Day,” Xpeng CEO Xiaopeng He claimed the new driver-assist system — which builds on Xpeng’s existing systems for assisting drivers with parking, driving on highways and navigating city roads — required less human intervention than Tesla’s Full Self-Driving (FSD) system, and completed a test route several minutes quicker.

“Next month I will go to the U.S. to compare [Xpeng’s latest system] to FSD again,” He said in Mandarin, translated by CNBC.

The new model is also able to respond to traffic controllers’ hand gestures, as well as to traffic light countdowns from red to green, the company said.

Tesla has struggled to get Beijing’s approval to roll out FSD in mainland China. Xpeng started releasing its driver-assist tech in major Chinese cities in early 2023, and the systems have rapidly become a must-have feature for Chinese companies wanting to survive in the highly competitive domestic market.

Just as Tesla has expanded this year into robotaxis, Xpeng on Wednesday announced plans to launch three robotaxi models next year and start testing in Guangzhou.

Source: https://www.cnbc.com/2025/11/05/xpeng-to-let-other-carmakers-use-its-partly-autonomous-driving-system.html

Market Opportunity
null Logo
null Price(null)
--
----
USD
null (null) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Sunmi Cuts Clutter and Boosts Speed with New All-in-One Mobile Terminal & Scanner-Printer

Sunmi Cuts Clutter and Boosts Speed with New All-in-One Mobile Terminal & Scanner-Printer

SINGAPORE, Jan. 16, 2026 /PRNewswire/ — Business Challenge: Stores today face dual pressures: the need for faster, more flexible customer service beyond fixed counters
Share
AI Journal2026/01/16 20:31
Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC

Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC

The post Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC appeared on BitcoinEthereumNews.com. Franklin Templeton CEO Jenny Johnson has weighed in on whether the Federal Reserve should make a 25 basis points (bps) Fed rate cut or 50 bps cut. This comes ahead of the Fed decision today at today’s FOMC meeting, with the market pricing in a 25 bps cut. Bitcoin and the broader crypto market are currently trading flat ahead of the rate cut decision. Franklin Templeton CEO Weighs In On Potential FOMC Decision In a CNBC interview, Jenny Johnson said that she expects the Fed to make a 25 bps cut today instead of a 50 bps cut. She acknowledged the jobs data, which suggested that the labor market is weakening. However, she noted that this data is backward-looking, indicating that it doesn’t show the current state of the economy. She alluded to the wage growth, which she remarked is an indication of a robust labor market. She added that retail sales are up and that consumers are still spending, despite inflation being sticky at 3%, which makes a case for why the FOMC should opt against a 50-basis-point Fed rate cut. In line with this, the Franklin Templeton CEO said that she would go with a 25 bps rate cut if she were Jerome Powell. She remarked that the Fed still has the October and December FOMC meetings to make further cuts if the incoming data warrants it. Johnson also asserted that the data show a robust economy. However, she noted that there can’t be an argument for no Fed rate cut since Powell already signaled at Jackson Hole that they were likely to lower interest rates at this meeting due to concerns over a weakening labor market. Notably, her comment comes as experts argue for both sides on why the Fed should make a 25 bps cut or…
Share
BitcoinEthereumNews2025/09/18 00:36
State Street Corporation (NYSE: STT) Reports Fourth-Quarter and Full-Year 2025 Financial Results

State Street Corporation (NYSE: STT) Reports Fourth-Quarter and Full-Year 2025 Financial Results

BOSTON–(BUSINESS WIRE)–State Street Corporation (NYSE: STT) reported its fourth-quarter and full-year 2025 financial results today. The news release, presentation
Share
AI Journal2026/01/16 20:46