---
title: "【Central Decryption】He Xiaopeng drives the first AI car to appear at the Alibaba Technology Summit"
description: "Xpeng Motors Chairman He Xiaopeng drove his first AI car \"P7+\" at the Alibaba Annual Technology Summit. The collaboration between He Xiaopeng and Alibaba Cloud's AI computing power has increased by mo"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/214723911.md"
published_at: "2024-09-19T18:52:00.000Z"
---

# 【Central Decryption】He Xiaopeng drives the first AI car to appear at the Alibaba Technology Summit

> Xpeng Motors Chairman He Xiaopeng drove his first AI car "P7+" at the Alibaba Annual Technology Summit. The collaboration between He Xiaopeng and Alibaba Cloud's AI computing power has increased by more than 4 times, and will continue to accelerate the development of autonomous driving technology in the future. Xpeng Motors plans to invest 3.5 billion RMB annually in research and development, with 700 million RMB allocated for computing power training. The "P7+" is expected to be released in the fourth quarter of this year

XPeng Motors (09868) Chairman He Xiaopeng drove the "P7+" claiming to be the "world's first AI car" at the Alibaba (09988) annual technology summit "Yunqi Conference" held in Hangzhou yesterday. Over the past two years, XPeng Motors and Alibaba Cloud have jointly built an AI computing power scale that has increased by more than 4 times. He Xiaopeng stated that they will continue to cooperate with Alibaba Cloud's AI computing power to accelerate the expansion of end-to-end large models for autonomous driving, improving both the upper and lower limits.

End-to-end is currently the most watched autonomous driving solution in the industry. According to mainland media reports, in May of this year, XPeng was the first in mainland China to achieve mass production of end-to-end autonomous driving on vehicles, quickly implementing it nationwide. The industry believes that the demand for end-to-end intelligent driving computing power will further expand, and an investment of over one billion yuan is just the entry ticket for intelligent driving computing power.

To further maintain its leading edge, XPeng Motors previously announced an annual investment of 3.5 billion yuan in research and development, with 700 million yuan allocated for computing power training. The "P7+" is the first model of XPeng's new generation autonomous driving hardware platform, expected to be released in the fourth quarter of this year

### Related Stocks

- [XPEV.US - XPeng](https://longbridge.com/en/quote/XPEV.US.md)
- [89988.HK - BABA-WR](https://longbridge.com/en/quote/89988.HK.md)
- [09868.HK - XPENG-W](https://longbridge.com/en/quote/09868.HK.md)
- [BABA.US - Alibaba](https://longbridge.com/en/quote/BABA.US.md)
- [09988.HK - BABA-W](https://longbridge.com/en/quote/09988.HK.md)

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| PNC 金融服務集團公司收購了阿里巴巴集團控股有限公司 3,223 股股票 $BABA | PNC 金融服務集團在第三季度將其在阿里巴巴集團的持股比例增加了 7.1%，額外購買了 3,223 股，總持股量達到 48,759 股，價值 870 萬美元。其他投資者也調整了在阿里巴巴的持倉。該股票開盤價為 155.91 美元，過去一年的 | [Link](https://longbridge.com/en/news/276318339.md) |
| 摩爾線程快速完成對 Qwen3.5 模型全面適配 | 摩爾線程宣佈已在旗艦級 AI 訓推一體全功能 GPU MTT S5000 上完成對阿里最新大模型 Qwen3.5 的全方位適配。此次支持充分展示了摩爾線程 MUSA 生態的成熟度與完備性，開發者可通過 MUSA C 編程語言及 Triton | [Link](https://longbridge.com/en/news/276153560.md) |
| 內企走出去 吉利：車企需深化區域化佈局 小鵬讚香港關鍵橋樑｜亞洲金融論壇 | 在亞洲金融論壇上，吉利汽車副董事長李東輝強調中國汽車品牌需深化區域化佈局以應對市場碎片化挑戰，並藉助國際品牌資源與外部夥伴探索創新合作模式。賽力斯集團總裁張正萍提到應制定中國標準以提升行業競爭力。小鵬汽車副董事長顧宏地指出香港是中國汽車品牌 | [Link](https://longbridge.com/en/news/273789657.md) |
| 阿里巴巴股票在第三季度財報發佈前的預測——以下是可以預期的內容 | 電子商務巨頭阿里巴巴（BABA）即將公佈 2026 財年第三季度的業績，分析師預計每股收益為 1.68 美元，收入為 420 億美元，同比增長 8%。該股票在 2025 年上漲超過 24%，主要受益於人工智能服務和雲計算的增長，但面臨來自競 | [Link](https://longbridge.com/en/news/276325421.md) |
| 阿里巴巴發佈了新款 Qwen3.5 模型，以迎接 “代理 AI 時代” | 阿里巴巴推出了其新的人工智能模型 Qwen 3.5，該模型旨在獨立執行任務，並具有顯著的性能提升。該模型的成本比其前身低 60%，效率提高了八倍。此次發佈旨在增強阿里巴巴的 Qwen 聊天機器人應用在與字節跳動的 Doubao 等競爭對手之 | [Link](https://longbridge.com/en/news/276045126.md) |

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.