XPeng

XPEV

Market cap $13.2B

XPeng had a soft first quarter where deliveries dipped and revenue growth turned negative, spooking a market already nervous about weak Chinese New Energy Vehicle sales. I expect a sharp reacceleration of vehicle sales and revenue through Q3 and Q4 2026, driven by new model releases including the GX flagship SUV and the upcoming L03/L05 SUVs. Gross margins have held firm above 20% despite rising component costs, driven by high-margin revenue from Volkswagen for VLA 2.0 and co-developed vehicles.

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.

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.

XPeng delivered 103,295 vehicles in Q2, surpassing its guidance midpoint and showing strong Mona and GX momentum. Mona-branded deliveries accounted for 36% of June's total, while GX represented 17% of deliveries, supporting expectations for sequential gross margin gains in Q2. The company's price-to-revenue ratio of 0.6x remains higher than peers, but recent downside revaluation enhances its risk/reward appeal.

GUANGZHOU, China, July 10, 2026 /PRNewswire/ -- XPENG has officially started employee testing of its Robotaxi platform, marking a major milestone in the company's journey from intelligent electric vehicles to autonomous vehicles powered by Physical AI. The programme follows just eight months after XPENG first unveiled its Robotaxi initiative at XPENG AI Day 2025, reinforcing the company's rapid progress towards commercial deployment.

XPeng reports a much-needed demand recovery in Q2 '26, while hinting at further delivery growth in H2 '26, thanks to new model launches and the ongoing international expansion. These reasons may also be why the automaker may beat their prior FQ2 '26 revenue guidance in the upcoming earnings call, while similarly offering robust Q3 '26 delivery guidance. XPEV's prior meltdown has seemingly met a bottom at $12s, with the stock notably oversold while boasting extremely cheap valuation against the outsized top-line growth prospects.

GUANGZHOU, China, July 7, 2026 /PRNewswire/ -- Autoliv, Inc. (NYSE: ALV) (SSE: ALIVsdb), the global leader in automotive safety systems, today announced that XPENG Inc, a leading Chinese physical AI technology company with growing international presence, and Autoliv (Shanghai) Management Co., Ltd., have signed a strategic cooperation framework agreement to support the development of safer mobility solutions for global markets.

This was partially due to the rollout of a new model. During the week, the company opened pre-sales of yet another new vehicle.

GUANGZHOU, China, July 1, 2026 /PRNewswire/ -- XPeng Inc. ("XPENG" or the "Company," NYSE: XPEV and HKEX: 9868), a leading global AI mobility technology company, today announced its vehicle delivery results for June and the second quarter of 2026. XPENG delivered 40,126 vehicles in June 2026, bringing total second-quarter deliveries to 103,295 units.

GUANGZHOU, China, June 29, 2026 /PRNewswire/ -- XPENG (NYSE: XPEV, HKEX: 9868), a leading China-based high-tech company, shared insights at the CVPR 2026 Workshop on Foundation Model Deployment for Embodied Intelligence. Xianming Liu, Head of XPENG Group's General Intelligence Center, unveiled XPENG's World Model roadmap, highlighting proactive reasoning, controllable generation, and long-horizon forecasting as key capabilities for next-generation autonomous driving.