Chinese electric vehicle manufacturer Xpeng Motors has unveiled its new G7 SUV, featuring up to three in-house developed Turing AI chips with a combined computing power exceeding 2,200 TOPS. The central Turing chip delivers 700 TOPS, approximately three times the performance of Nvidia's Orin chip currently used in Xpeng vehicles. Xpeng is also working to integrate these advanced chips into some Volkswagen models planned for launch in China next year. The company claims its self-designed Turing processors outperform those of US semiconductor leader Nvidia. Xpeng's Chairman and CEO He Xiaopeng expressed ambitions for the startup to be among the first to introduce advanced intelligent assisted driving technology in Hong Kong. Meanwhile, Nvidia's stock has reached its highest closing price since January, benefiting from its position in the AI chip market. Xpeng joins a growing number of Chinese technology firms developing automotive AI chips, including Xiaomi, Huawei, BYD, Li Auto, Alibaba, Baidu, and ByteDance. Additionally, Toyota's China joint venture has become the first automotive partner to collaborate with both Xiaomi and Huawei.