China's Xpeng Sees Record EV Sales With P5 Launch: CEO

The transcript discusses the growing demand for electric vehicles (EVs) in China, particularly focusing on the smart TV sector's expected growth. XIAOPENG's record sales in the first quarter and plans for the P5 model are highlighted, along with the challenges of pricing in a saturated market. The impact of traditional car companies and new entrants like BMW is considered, with a focus on innovation and future technologies such as autonomous driving and flying cars. The transcript also addresses the impact of the global chip shortage on production.

What innovations does the company hope to pursue in the future of transportation?

How is the chip shortage affecting production in the electric vehicle industry?