Xpeng launched the L03 coupe-SUV across 65 markets with in-house Turing AI chips and a second-generation autonomous driving system on every trim.

China's XPeng Inc. aims for Level 4 autonomous driving by 2028 with new AI platform, challenging Tesla's FSD.

At its Global Brand Event in Munich, Xpeng unveiled its most affordable model to date. The L03 undercuts Tesla and Hyundai on starting price and, despite its