Xpeng Inc - Class A Shares Stock News

GUANGZHOU, China, Aug. 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 July 2026. XPENG delivered 38,027 vehicles in July, marking an increase of 4% year over year.

Chinese carmakers spent the past decade replacing gasoline engines with batteries. The next will be about integrating cars with robotics, XPeng's chief executive says.

Tesla stock dropped to a crucial support level on Friday as traders waited for the upcoming earnings. It also retreated as Xpeng, a top Chinese rival, hinted that it was about to launch a new Model Y killer.

Unveiling marks the company's first global vehicle launch outside China as it steps up expansion in Europe and other overseas markets amid intensifying competition at home.

The Chinese electric-vehicle maker plans to launch its humanoid robot globally next year, as part of efforts to transform into a physical AI company.

The California-based startup has struggled with sales, quality issues and turnover.

Humanoid startup LimX raised $200 million in a pre-IPO round that values the company at $2.21 billion. Founder Will Zhang said the technology has reached a point where going public is necessary.