XPeng Chairman Predicts NEV Future and Unveils Flying Car Plans
- Automotive
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- Updated March 9, 2025
- He Xiaopeng predicts a 3-year elimination race and 3-5-year promotion race, with fewer than 7 Chinese NEV makers surviving.
- Success hinges on AI expertise and global scalability; AI car use could hit 50-90% in 10 years.
- Chinese NEV brands may claim over 95% domestic share and grow overseas in a decade.
- XPeng’s “Land Aircraft Carrier,” a split-design flying car, launches in 2026 for under 2 million yuan ($280,000 USD).
- Features a 5-minute mode switch, cyber-mecha style, and a trunk-storable flyer; factory opens in 2025.
During a March 8 media dialogue, He Xiaopeng, XPeng Motors Chairman and National People’s Congress representative, predicted a fierce competition for Chinese new energy vehicle (NEV) makers: a “three-year elimination race” followed by a “three-to-five-year promotion race,” leaving fewer than seven (or even five) survivors. He noted that China’s 400 traditional automakers from a decade ago have dwindled to 40, with brands failing every two months due to rapid industry consolidation.
He highlighted two keys to success: AI expertise and global sales capability. He expects AI-driven cars to jump from under 5% penetration today to 50-90% in the next decade, calling AI a game-changer. He also forecasts Chinese NEV brands dominating domestically (over 95% market share) and expanding globally within ten years.
He Xiaopeng announced XPeng’s “Land Aircraft Carrier,” the world’s first split-design flying car, set for mass production and delivery in 2026. Priced below 2 million yuan ($280,000 USD), it features a one-button mode switch (five minutes) between driving (C-class license) and flying. Its cyber-mecha design houses a dual-seat flyer that fits in a trunk. The Guangzhou factory, started in October 2024, will finish by Q3 2025, pioneering assembly-line flying car production.
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