KNDI - XPeng has a big tech edge over Chinese peers - Bank of America

Bank of America digs deep into XPeng ([[XPEV]] +4.2%) in a new note that highlights the automaker's autonomous driving edge. Analyst Ming Hsun Lee: "Compared with the rest of China auto makers, XPeng's key edge is that it designs the full stack of AD software and algorithm – allowing it to collect perception data and improving its database and AD capabilities. Most auto OEMs adopt third-party ADAS solutions and cannot obtain such data to build their own AD database. Besides, OEMs who cooperate with foreign third-party vendors saw some challenges: certain data could not be sent back to overseas headquarters for further AD development due to regulation in China." Battery technology is called another key factor for XPeng with its plans to launch the LFP battery versions of G3 and P7 given the battery pack design is similar to its previous NCM battery pack design. Lee notes that XPeng does

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XPeng has a big tech edge over Chinese peers - Bank of America