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The XE500C12 was released in 2014. According to Google Chromebook Info Page, it will expire in 2021. 2021-2014 = 7 years. Each Chromebook is guaranteed a minimum of 5 years of updates after the product's release date, not purchase date. The XE501C13 which is a newer model was released in 2018. Based on my above information, XE501C13 (This Chromebook in question) will have an auto update expiration of 5-7 years which is around 2023/25. Someone verify my answer as it's just my guesstimate.
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