<div id="readability-page-1"><img src="https://imageproxy.pbkrs.com/https://cnevpost.com/wp-content/uploads/2026/06/2026061002394234.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="1600" height="900" original-src="https://imageproxy.pbkrs.com/https://cnevpost.com/wp-content/uploads/2026/06/2026061002394234.jpg"/><blockquote><ul><li>Xpeng formed an R&amp;D team of nearly 100 people early this year for a yacht project internally codenamed &#34;Flying Fish,&#34; according to a local media report.</li><li>The yacht developed by Xpeng remains in the early R&amp;D stage, and it will mainly focus on advanced chassis algorithm technology.</li></ul></blockquote>Xpeng (NYSE: XPEV) is reportedly extending its business reach into the vast ocean, in addition to building smart EVs and flying cars.The Chinese EV maker has officially entered the yacht sector, having set up a research and development team of nearly 100 people early this year, according to a report by local media outlet Leiphone on Wednesday. <div> Join us on Telegram or Google News </div>Xpeng's yacht project is internally codenamed &#34;Flying Fish&#34; and is led by Qian Zhanwei, the head of vehicle architecture, according to the report.This marks a new step for Xpeng in building a land, sea and air mobility ecosystem, further broadening its business boundaries.The yacht developed by Xpeng remains in the early R&amp;D stage, and its future core competitiveness will mainly focus on advanced chassis algorithm technology, according to Leiphone.The target customer group for the yacht product is the high-net-worth family market, the report said.Guangzhou-based Xpeng has not yet made any official public response to the media report.Entering the yacht industry is not without personal origins for Xpeng's chairman and CEO He Xiaopeng, who bought himself a luxury yacht after achieving financial freedom in 2014.Xpeng is not the first automaker to dabble in yacht manufacturing, as companies previously laying out plans in this field were mostly traditional global luxury car brands. For example, Mercedes-AMG, Lamborghini and Porsche have all launched high-end yachts, the report noted.Automakers possess core advantages in technology, design, branding and supply chains when manufacturing yachts, and can extend automotive capabilities such as performance, luxury interiors and electric intelligence to the sea, the Leiphone report cited unnamed industry insiders as saying.Chinese tech giants crossing over into the yacht industry is becoming an eye-catching new trend, with JD.com founder Richard Liu making a similar business decision early this year.Liu announced in February an investment of 5 billion yuan ($740 million) to establish the independent yacht brand Sea Expandary, hoping to break the long-term monopoly of overseas giants.Sea Expandary will focus on new energy smart yacht products and has already signed strategic cooperation agreements with local governments in Shenzhen and Zhuhai earlier this year.Liu even publicly expressed his hope to build yachts priced as low as 100,000 yuan in the future, dedicating himself to bringing yachts into thousands of Chinese households just like ordinary smart cars.China's yacht market is currently in a period of rapid growth. Data from the Ministry of Transport shows that newly registered yachts in China over the past three years account for about 54.7% of the total number of yachts.However, China's yacht manufacturing industry currently holds less than a 4% market share globally, and the overall industrial structure shows obvious feature of early-stage development.The exposed yacht project is expected to further complete Xpeng's ambitious future mobility vision, as the company's flying car unit Aridge just completed a funding round of nearly $200 million in March this year.As the startup with the largest total financing in Asia's manned low-altitude flying sector, Aridge is currently actively preparing for a potential initial public offering in Hong Kong.Aridge's modern mass production factory in Guangzhou was completed last year, and its highly anticipated Land Aircraft Carrier flying vehicle is expected to be priced at no more than 2 million yuan in the future. <div> <div> <img width="768" height="432" src="https://imageproxy.pbkrs.com/https://cnevpost.com/wp-content/uploads/2025/12/2025120408512745-768x432.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" original-src="https://imageproxy.pbkrs.com/https://cnevpost.com/wp-content/uploads/2025/12/2025120408512745-768x432.jpg"/> </div> <div> CATL expects pure electric vessels to be capable of ocean voyages within 3 years CATL's marine business already covers inland rivers, lakes, and coastal waters, and is now advancing toward ocean voyage applications. </div> </div> ($1 = 6.7724 yuan) </div>

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Xpeng has reportedly entered the yacht industry by forming a nearly 100-person R&D team for a project codenamed 'Flying Fish.' Led by vehicle architecture head Qian Zhanwei, the initiative aims to build a land, sea, and air mobility ecosystem. The yacht, targeting high-net-worth individuals, focuses on advanced chassis algorithms and remains in early development. This move aligns with Xpeng's broader expansion into smart mobility beyond EVs and flying cars.

- Xpeng has formed a nearly 100-member R&D team for its yacht project, internally codenamed "Flying Fish," which aims to focus on advanced chassis algorithm technology.  
- This initiative marks Xpeng's entry into the yacht sector, targeting high-net-worth families while expanding its business ecosystem to include land, sea, and air mobility.  
- The growing Chinese yacht market, though currently underdeveloped, is witnessing increased interest from tech and automotive companies, with Xpeng's project expected to enhance its mobility vision.

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Xpeng reportedly enters yacht industry, expanding its land, sea and air mobility empire