XPeng says it plans to start mass production of its Iron humanoid robot by the end of the year.
XPENG has officially commissioned its humanoid robot production lines and completed the production-lines manufacturing of the world's first advanced humanoid robot, which autonomously walked off the lines, marking a critical leap from R&D prototyping to production-lines manufacturing. XPENG's humanoid robot production lines feature core process automation exceeding 80%, setting a new manufactur...
GUANGZHOU, China, Sept. 1, 2026 /PRNewswire/ -- XPeng Inc. ("XPENG" or the "Company," NYSE: XPEV and HKEX: 9868), a leading global Physical AI company, today announced its vehicle delivery results for August 2026.
XPeng Co-President Brian Gu thinks its margins will eventually eclipse those of the core electric-vehicle business.
Xpeng Inc (NYSE:XPEV), the Chinese electric vehicle maker, is raising more than $900 million for its robotics business, valuing the unit at more than $6.3 billion. The EV maker claims this is the largest single-round private financing ever recorded in China's embodied AI industry.
Xpeng shares fell over 9% in Hong Kong after its third-quarter delivery guidance missed investor expectations. Its robotics business raised over $900 million at a post-money valuation of more than $6.3 billion.
Xpeng (XPEV) stock is slipping on Monday morning after the Chinese electric vehicle (EV) maker posted weaker-than-expected earnings for its fiscal second quarter (Q2). Yet, there were significant positives in XPEV's financial release – just not in its core EV business.