XPeng Releases New Automated Valet Parking Assist Function in Latest OTA Upgrade

XPeng Inc. (NYSE: XPEV), a leading Chinese smart electric vehicle company, has released its Xmart OS 2.6.0 through an over-the-air (OTA) upgrade, with the Valet Parking Assist (VPA) beta version to P7 customers in China. The upgrade also offers 10 additional new and optimised autonomous driving and voice assistance functions, to P7 customers in China.

Valet Parking Assist (VPA) is XPeng’s new in-house developed automatic parking assistance function, designed for ultraslow-speed driving scenarios such as garages and parking spaces.

VPA is the first auto parking function to perform ‘last kilometer’ automatic parking that does not rely on modifications to parking spaces. VPA is another development in Xpeng’s ultraslow-speed autonomous driving.

In a press release, Xpeng says: ‘VPA can perform memory-based automatic parking on the same level within up to 1,000 meters from the memorized parking space, enhancing comfort and convenience for the driver. Based on the route set by the driver, VPA will automatically drive the vehicle from beginning to end, turning automatically, avoiding pedestrians and other vehicles, bypassing other obstacles, and finally parking automatically in the parking space memorized by the system’.

It adds: ‘VPA is available for the XPeng P7 Premium version and the Wing edition, both of which are equipped with the XPILOT 3.0 hardware system with software services activated. Users of VPA will need to pass a driver safety test before activating it for the first time’.

XPeng is headquartered in Guangzhou, China, with offices in Beijing, Shanghai, Silicon Valley and San Diego. The Company’s Smart EVs are manufactured at plants in Zhaoqing and Zhengzhou, located in Guangdong and Henan provinces, respectively.