He Xiaopeng announced that Xpeng Motors plans to launch 30 models by 2024

He Xiaopeng, founder of Xpeng Motors, revealed that the company plans to launch new models in the 300,000+ and 150,000-level in 2024 to improve its product layout in the 100,000-400,000-level. He also said that 2024 will be a key year for Xpeng Motors to double its performance, increase its R&D investment budget by more than 40% year-on-year, and expand its staff by another 4,000 people. In addition, the company will increase its investment in intelligent driving technology R&D and promote the upgrade of marketing strategies and organizational structure.