Xiaopeng Motors internal letter: Competition will be more intense in 2025

He Xiaopeng, CEO of Xpeng Motors, issued an internal letter predicting that market competition will be more intense in 2025. Xpeng will launch a number of new models equipped with AI technology in 2025 and plans to expand the scale of recruitment to more than 6,000 employees. He Xiaopeng predicts that the automotive industry will enter the knockout stage from 2025 to 2027.