XPeng Unveils Major Software Update As Steering Failure Allegations Intensify

Benzinga
2025.08.25 10:09
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XPeng Motors has launched its global software update XOS 5.8.0, enhancing intelligent driving and safety features amid allegations of steering failures in its P7+ vehicles. This update introduces Human-Machine Co-Driving and improved Adaptive Cruise Control, marking XPeng's third major upgrade in 2025. Despite a 101% stock gain year-to-date, XPeng faces scrutiny for allegedly replacing faulty steering components without a formal recall, raising safety concerns. Currently, XPEV stock is down 1.73% to $23.34 in premarket trading.