[Xpeng Motors Chairman He Xiaopeng: With the rapid improvement of end-to-end model capabilities, L4 autonomous driving is expected to be achieved] Jinshi Data reported on September 19 that at the 2024 Hangzhou Yunqi Conference, He Xiaopeng, chairman of Xpeng Motors, said that the lower limit of the end-to-end model is expected to increase rapidly next year. Once improved, it will take less than 2 years to achieve capabilities that exceed the L4 standard on a global scale. It is reported that in May of this year, Xpeng Motors took the lead in China to achieve mass production of end-to-end autonomous driving. Xpeng Motors announced that it will invest 3.5 billion yuan in research and development each year, of which 700 million yuan will be used for computing power training. It will also continue to deepen cooperation with Alibaba Cloud to accelerate the implementation of end-to-end large models. (Reprinted from: Jinshi Data)