US stocks fluctuate | Xpeng Motors (XPEV.US) falls nearly 3% New Xpeng P7 major facelift released Expected to be launched in the second half of the year.

According to the Securities Times APP, on Thursday, Xiaopeng Motors (XPEV.US) dropped by nearly 3%, closing at $20.30. In terms of news, on May 15, Xiaopeng Motors CEO He Xiaopeng officially released the exterior of the new Xiaopeng P7 facelift model, positioning the new car as a technological, fashionable, and luxurious coupe, expected to be launched in the second half of the year. It is worth mentioning that the new P7 has made bold attempts in intelligent driving, abandoning lidar and instead opting for a pure visual intelligent driving route. Behind this decision is Xiaopeng Motors' deep confidence in its self-developed AI chips and algorithms.