"Xpeng's Aggressive Expansion: Hiring 4,000, Investing in AI, and Launching 30 New EVs"

Xpeng, an electric vehicle maker, plans to hire 4,000 new employees and invest in AI technology, particularly in "intelligent driving," amidst intense competition in the EV space. The CEO warned of a potential "bloodbath" in the industry but expressed optimism, stating that the company has "bottomed out" and is prepared for the fierce competition ahead. Xpeng aims to launch 30 new or upgraded cars over the next three years and has been engaged in a price war in China, sparked by Tesla, while also facing pressure from the cautious consumer market in China.