China is returning to work following a break to celebrate the 2024 Lunar New Year, and XPeng Motors looks to hit the ground running with massive expansion plans. According to an internal letter, XPeng Chairman CEO He Xiaopeng detailed plans to deliver about 30 new and updated EV models over the next three years, bridging the price gap between $14,000 and $56,000 vehicles in China.
XPeng Motors ($XPEV) is a Chinese EV brand celebrating ten years in this business in 2024. In that relatively short time, the automaker has climbed the ranks as one of the top EV developers in China, competing against NIO and current market leader, BYD.
While XPeng’s advanced air mobility (AAM) AeroHT works to deliver genuine flying cars to the masses, its parent company remains focused on delivering more and more new EVs in China and beyond… just not the US anytime soon.
Still, XPeng Motors continues to gain momentum as an EV contender and appears to be planning an onslaught of new models in its three-year pipeline.
XPeng’s newest EV to launch in China, the X9 MPV / Source: XPeng Motors/Weibo
XPeng is planning a slew of new and updated EVs
According to an internal letter from XPeng Chairman and CEO He Xiaopeng, obtained by CnEVPost, 2024 will be the year the Chinese automaker breaks out on the wings of a bolstered product and technology platform.
The letter states that XPeng is planning approximately 30 new or refreshed EV models over the next three years – a massively ambitious rollout for any OEM, let alone one focused explicitly on nascent EV technology – a segment that has not come anywhere near approaching its tremendous potential yet.
XPeng’s previously mentioned platforms will power two initial EVs targeting prices in the RMB 150,000 ($21,000) price range, as well as RMB 300,000 ($42,150), thus bridging a previously vacant price gap for XPeng in China, offering consumers new EVs in every class, from RMB 100,000 ($14,0000), all the way up to RMB 400,000. ($56,200).
According to Xiaopeng, the reasoning behind the ambitious expansion is to compete in a Chinese EV industry that is becoming more and more intense, stating that 2024 will go down as a “sea of blood” competition amongst local automakers, kicking off the segment’s first “elimination round.”
To support its development goals for the next three years, XPeng says it will conduct about 4,000 new hires and enrich its research and development budget by over 40% YOY to “fight for tomorrow.” While many OEMs in China and beyond (US included) are backtracking on EV development targets, XPeng’s CEO sees a window of opportunity to capitalize and will push ahead harder and faster than before:
We will go forward in 2024 and enter a high-speed positive cycle in the fourth quarter or a little earlier.
Starting this month, we will make the company more successful with a more advanced and efficient full-process system based on the new XPeng Product Development (XPD) system, which is the full lifecycle product development management system V1.0 with XPeng features
Looking ahead, smart driving technology will remain a key focus for XPeng throughout its new EVs, and the automaker plans to invest RMB 3.5 billion (~$492M) in 2024 alone toward the R&D of artificial intelligence to support those ADAS functions. This year also marks XPeng’s new strategy of merging marketing of its cars, internet, and phones into one holistic system to ensure the company is recognized as “one of the undisputed first-tier players in the industry.”
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The Cat 793 XE Early Learner battery-electric haul trucks deliver all the performance of its diesel-powered siblings without the noise, vibrations, and harmful emissions – and now, they’re being put to the test at BHP’s iron ore mine in Australia.
Part of a collaborative effort between BHP and Rio Tinto to help decarbonize BHP’s Jimblebar iron ore mine in the Pilbara, these 240-ton Cat 793 XE Early Learner electric haul trucks represent a major step toward a more sustainable future in mining, designed to deliver zero exhaust emissions while maintaining productivity and performance.
“Powering up our first battery-electric haul trucks in the Pilbara is an important step forward on the mining industry’s road to decarbonization,” says BHP Western Australia Iron Ore Asset president, Tim Day. “Replacing diesel isn’t just about changing energy sources, it’s about reimagining how we operate and creating the technologies, infrastructure, and supply chains to transform mining operations. These trials will help us understand how all the pieces of the puzzle fit together: the battery technologies, generation and charging infrastructure, power management, as well as the supply chains to potentially deliver this at scale.”
Decarbonisation of Pilbara iron ore operations will rely on technology advancements and breakthroughs in research and development, which is why BHP and Rio Tinto are working closely with Caterpillar to accelerate their fleets’ transition to electric power.
Despite the urgency, however, they need to get it right or risk huge disruptions that will eat up any projected efficiency gains. “A significant shift like this demands a strong commitment to research and development, coupled with collaboration across the industry,” adds Day. “This is going to take time to get right, which is why trials like this one with Rio Tinto and Caterpillar are so critical.”
Caterpillar 793 XE Early Learner
793 XE Early Learner; via Caterpillar.
The big Caterpillar haul truck is powered by a 564 kWh lithium iron phosphate (LFP) battery pack that sends electrons to a 480 kW (645 hp) electric motor that kicks out an undisclosed amount of torque – but which is more than capable of hauling 250 tons of truck and payload at the same 38 mph to speed as its 2,650 hp diesel-powered bretheren.
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A few weeks ago, we talked about some real-world numbers shared by Redditors who added a rooftop solar system to their homes. Not to be outdone, Electrek readers took to the comments to share their own real-world solar numbers. Here are some of the best!
That original post, which you can read here, was inspired by a Reddit user going by DontBuyBitcoin who shared a screenshot on r/Solar indicating that their newly-installed ~11.5 kW system produced over 1,700 kWh of electricity in October. “Pretty surprised by the production of the system I got,” writes DontBuyBitcoin. “11.48KW. I cant wait to see what JUNE-AUGUST [2026] going to look like 😍 I wish SolarEdge will make their app better looking with more functionality.”
Other Redditors were quick to share in the enthusiasm, but our Electrek readers weren’t going to be outdone, and shared their own results in the comments section.
I’ve got a 49 panel, 16.5 kW system just outside Austin, TX, and while it’s expensive ($320/mo), I produce much more power than I use each month. But with 2 EVs, a hot tub, and air conditioning in a Texas summer, I’m not mad I have all this. On a current sunny day, I’m producing about 65 kWh. I top out around 107 kWh on a long but somehow not hot day.l in late spring or early fall (whatever that means in Texas).
Another reader, Craig Morrow, had a much smaller system at “just” 6.5 kW compared to David’s 16.5 kW deal, but still put up some highly respectable numbers.
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My 6.5 kw PV generates from 16 kwh/day (winter) to 38 kwh/day (late spring). Between the efficiency of my house and my consumption habits, my usage averages 5-6 kwh per day. Went all-in on passive and active solar when I built the house ten years ago, an investment which has long since paid for itself with no heating or utility bills, plus having battery storage means no worries about power outages when the grid goes down. A great feeling to be energy independent!
Craig had the top comment with twenty upvotes, but he wasn’t the only reader to see some big efficiency gains with home solar. Several of you posted about the cost of your system, and when you’d begin to see an ROI with the savings you were seeing.
My ROI on a $42k system ($30k with the IRA tax credit) was calculated to be 15 years assuming a 4% yearly rate increase. Without the tax credit it would likely be 20+ years. It makes no sense financially. Interestingly, Europeans pay a lot less for similar size systems. Why is that?
Another commenter, Leonard Bates, was also seeing great returns – but took things a step further by doing some extra math to compare the cost of fueling up his car with gas vs. topping it off with electrons generated by his home solar system.
It is hard for the average Joe to understand electricity production numbers, so I have reduced our experience into dollars. We have a 8.8 kWh rooftop system and two EVs that (other than a few vacation trips a year) are charged at home. We are retired, so we can charge during the day. Bottom line, we saved over $4,000 by not buying gasoline last year (drove ~41,000 miles). Electric bills, with the load of the EVs, is basically a breakeven. The system cost us about $22,000, so a breakeven on the system of about six years and then free electricity for another 20, until the panels need to be replace. Plus we are “energy independent” for our cars. If there is turmoil in the Middle East, it doesn’t affect our pocket books.
If you’re considering going solar, it’s always a good idea to get quotes from a few installers. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. It has hundreds of pre-vetted solar installers competing for your business, ensuring you get high-quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use, and you won’t get sales calls until you select an installer and share your phone number with them.
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Volkswagen is putting its Tesla Robotaxi rival through its paces in Wolfsburg, Germany, where the self-driving Gen.Urban research vehicle is now driving autonomously in real urban traffic – without a steering wheel or pedals!
VW’s Gen.Urban research project sets out to explore how passengers experience riding in a self-driving vehicle on real roads, among real drivers, and without a traditional steering wheel or pedals, and what those requirements might mean for future vehicle concepts.
Some of the key questions VW is asking include:
How do people spend their time in a self-driving vehicle?
Which digital features best support work, entertainment, or relaxation?
How should interaction between the vehicle and passengers be designed, particularly for older people or children?
Most importantly: Do people feel comfortable?
“The technology for autonomous driving is making rapid progress,” explains Dr. Nikolai Ardey, Head of Volkswagen Group Innovation. “With our Gen.Urban research vehicle, we want to understand exactly how passengers experience autonomous driving. Because: The key to a positive customer experience is to build trust – through meaningful interaction, a relaxed atmosphere, and intelligent assistance systems that respond precisely to the needs of passengers. Ultimately, technology should fit people, not the other way around. We will benefit from these insights across the entire Group in the long term.”
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Not QUITE fully autonomous
Gen.Travel concept; via VW, 2022
It’s important to note here that, while Volkswagen designed the Gen.Urban without a steering wheel or pedals, the vehicles participating in these test have a trained safety driver monitoring the vehicle from the passenger seat, ready to step in to control the vehicle using a specially developed control panel with a joystick – which means we’re still a long way from the 2022 Volkswagen Gen.Travel concept (above).
The current test phase is limited to Volkswagen Group employees as riders, and is planned for a period of several weeks. If results are satisfactory, VW could expand its rider base by the end of Q1.
If you’re considering going solar, it’s always a good idea to get quotes from a few installers. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. It has hundreds of pre-vetted solar installers competing for your business, ensuring you get high-quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use, and you won’t get sales calls until you select an installer and share your phone number with them.
Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisors to help you every step of the way. Get started here.
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