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How to utilize technology to enhance profitability: A study of the NPD Strategy of XPeng

  • Yuhan Gao*
  • , Samuel Kwok
  • *Corresponding author for this work
  • Yanching Institute of Technology
  • Middlesex University

Research output: Chapter in Book or Report/Conference proceedingChapterpeer-review

Abstract

This report analyzes the impacts of insisting on a product development strategy on XPeng's profitability from 2019 to 2022 Q2. Based on the model established by McNally, Akdeniz, and Calantone, regression analyses are used to evaluate different implementation factors' impacts on profitability. In addition, this report will combine XPeng's technological innovation points to analyze the impacts of the above factors on its profitability. Therefore, this chapter gives examples of how organizations may explore how to implement a product development strategy to enhance its profitability with advanced technology.

Original languageEnglish
Title of host publicationHarnessing Technology for Knowledge Transfer in Accountancy, Auditing, and Finance
PublisherIGI Global
Pages75-107
Number of pages33
ISBN (Electronic)9798369313329
ISBN (Print)9798369313312
DOIs
Publication statusPublished - 26 Feb 2024
Externally publishedYes

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 9 - Industry, Innovation, and Infrastructure
    SDG 9 Industry, Innovation, and Infrastructure
  2. SDG 12 - Responsible Consumption and Production
    SDG 12 Responsible Consumption and Production

Keywords

  • New product development
  • XPeng
  • internationalization
  • Electric Vehicle

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