On May 25, Xpeng reported that Xpeng held the first Global Partner Conference in Zhaoqing City. Zhang Aijun, Secretary of the Zhaoqing Municipal Party Committee and Director of the Standing Committee of the Municipal People’s Congress; Xu Xiaoxiong, Deputy Secretary of the Zhaoqing Municipal Party Committee and Mayor; Wang Fengying and Li Feng, vice president of Xpeng, attended the meeting.
Nearly 500 suppliers from all over the world gathered in Guangdong to review their experience in the new energy vehicle track in the past few years, and exchanged and shared how to effectively optimize costs and improve supply chain management efficiency in the present full of uncertainties, to build a mature supply chain ecology and other experience.
Zhang Aijun, secretary of the Zhaoqing Municipal Party Committee and director of the Standing Committee of the Municipal People’s Congress, said at the meeting,
Zhaoqing is anchoring the primary task of high-quality development, adheres to the real economy as the foundation and the manufacturing industry as the home, actively seizes the new track of the new energy automobile industry, focuses on building a new energy vehicle industry base based in the Guangdong-Hong Kong-Macao Greater Bay Area and facing the whole country, accelerates the cultivation of new energy vehicle industry clusters worth 100 billion yuan, and builds a more powerful new manufacturing city in the west of the Guangdong-Hong Kong-Macao Greater Bay Area.
Xu Xiaoxiong, deputy secretary of the Zhaoqing Municipal Party Committee and mayor, delivered a speech, expressing his gratitude to Xpeng for its important contribution to the high-quality economic development of Zhaoqing City.
Guangdong Province is the largest province in the production and consumption of new energy vehicles in the country, and one out of every six new energy vehicles in the country is made in Guangdong. Xpeng is a leading company in smart electric vehicles. After its factory was established in Zhaoqing, it drove the rapid development of Zhaoqing in the fields of vehicle production and new energy storage. Xu Xiaoxiong said that in the future, we will continue to unswervingly support Xpeng Motors to accelerate its development, help multiple models to build stronger brands, and form a more competitive industrial cluster.
Fuyao Technology Architecture Optimizes Cost Structure
Cooperating with partners to promote the advent of the smart car era
The new energy vehicle industry is in a stage of competition, and the competition is becoming more and more “intensified”.
He Xiaopeng, chairman and CEO of Xpeng, mentioned at the conference that modularization is a very important goal of Xpeng. Before the end of 2026, it is hoped that quality, cost and supply guarantee can be achieved based on the Fuyao Architecture.
After doing a good job in modularization and platformization, we look forward to working with all partners to open up new situations in the changing situation, jointly expand large-scale, stabilize production capacity, and jointly promote the era of smart electric vehicles.
Previously, we have completed the technical framework of Fuyao, which marks that the high-intensity technology research and development in the past five years has established technical barriers. While maintaining the technological leadership in the next three years, we will introduce new products more efficiently at a more competitive cost and with a consistent experience.
Global cost optimization, lean supply chain operation mode
Creating a mature supply chain ecology
Xpeng has entered the stage of systematic car manufacturing.
Li Feng, vice president of Xpeng, pointed out at the conference.
In order to better embrace changes, it is first necessary to achieve global cost optimization in strategy; secondly, lean operation in supply; finally, long-term win-win cooperation in ecology, in order to achieve high-quality cost and scale to win more market customers.
With the support of the Fuyao architecture, Xpeng will shorten the development cycle of new models in the future by 20%, and the generalization rate of components in the architecture part can reach up to 80%, thereby achieving a significant reduction in the research and development costs and BOM costs of new models.
Lay a solid foundation for cooperation
Maintain strong resilience and steady growth under the wave of intelligence
Since its development, Xpeng has gathered a group of excellent partners.
In the process of building a car from 0 to 1, we have experienced 9 years of ups and downs with our partners, which has strengthened mutual trust. In today’s era when the auto industry is constantly involving and AI intelligence and intelligent driving are gradually maturing, He Xiaopeng, chairman and CEO of Xpeng, firmly stated that smart cars represent the future.
Currently, we plan to officially launch the highway NGP 2.0 in June. It is estimated that the number of takeovers per thousand kilometers in high-speed scenarios will be less than 1 within 2023. At the same time, it is planned to open the XNGP intelligent assisted driving system that does not rely on high-precision maps in cities across the country that do not have high-precision maps by the end of the third quarter.
We expect to continue to lay a solid foundation for cooperation with our suppliers and partners to reduce the cost of smart driving for users, to be resilient, to grow steadily, and to boost the development of high-end smart electric vehicles.
At present, we have deployed intelligent manufacturing bases in Zhaoqing and Guangzhou. By 2025, factories in Zhaoqing, Guangzhou and future plans will gradually go through technical transformation and upgrading, and finally fully adapt to the Fuyao structure. Xpeng has established a mature global supply chain system and has truly entered the stage of systematic car manufacturing.