What happened Shares of Chinese electric-vehicle maker Xpeng (NYSE: XPEV) were trading higher on Monday after the company made a major technology announcement and unveiled a new limited-run model at an auto show in Guangzhou, China. As of 10:45 a.m. EST today, Xpeng's shares were up about 13.1% from Friday's closing price. So what In a presentation at Auto Guangzhou 2020, a major regional auto show, Xpeng said that it has upgraded its advanced driver-assist systems for its 2021 production models to incorporate lidar sensors for the first time. The sensors are part of what Xpeng is calling its "next-generation autonomous driving architecture," a complete system that includes cameras, radar, ultrasonic sensors, the new lidar units, and an automotive-grade high-performance computer. CEO He Xiaopeng said that his company will be the first automaker to offer lidar sensors in a production model. While Xpeng, like several other automakers, already offers a hands-free highway-driving system, the lidar-enhanced architecture will enable hands-free driving in lower-speed urban situations as well. Xpeng said that it will build a limited-edition "Wing" version of its P7 sedan. Image source: Xpeng Motors. Xpeng also showed a limited-edition version of its P7 electric sedan fitted with Lamborghini-style "wing" doors. The P7 Wing, as it's called, will be available in both high-performance and super-long-range trims for a limited time. Now what Xpeng's sales momentum looks likely to continue for a while longer. The company said on Nov. 12 that auto investors should expect it to deliver about 10,000 vehicles in the fourth quarter, generating revenue around 2.2 billion yuan ($334 million). Both would be sequential increases: Xpeng generated revenue of $293.1 million in the third quarter on deliveries of 8,578 vehicles. 10 stocks we like better than XPeng Inc.When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and XPeng Inc. wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of November 20, 2020 John Rosevear has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.Source