Yes, but it doesn't really make that clear. I first thought that it was a replacement OS for Google Pixel phone which replicates the functionality of the original OS but adds enhancements and features.
Fair. I got to the "experience similar to Google Pixel phones" bit and thought well I've already got a pixel so I don't need this, but I see your point about the extras.
That's the brand confusion born of appropriating Google's Pixel mark and the reason why trademark protection exists.
If you make a hamburger seasoning blend that approximates the taste of McDonald's and call it "McDonald's burger flavor", you're going to have a bad time with the legal system. I don't expect this to fly either.