I tried the following queries:
SELECT XMLQUERY('declare default elemnt namespace "http://www.ssme.com/slmFlex";
$c/ns2:EntityDetails' passing XML_DATA as "c" )
from PROWNER.VEHICLE_REGN;
select t.VEHICLEMODEL, i.REF_CD, t.VEHICLEMANUFACTURER, T.VEHICLEAPPLICATION from PROWNER.VEHICLE_FLEX i,
xmltable('$XML_DATA/*:EntityDetails/*:Entity'
columns VEHICLEMANUFACTURER varchar(100) path 'VEHICLEMANUFACTURER',
VEHICLEAPPLICATION varchar(100) path 'VEHICLEAPPLICATION',
VEHICLEMODEL varchar(100) path 'VEHICLEMODEL') as t