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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.
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.
XPeng Inc (XPEV) reports strong vehicle deliveries and AI-driven growth, but faces revenue declines and increased costs impacting financial performance.
General Motors is considering using an unproven, but possibly more powerful, battery technology for its electric vehicles. The stock is up on Thursday.
The chief executive of Xpeng said on Wednesday he would personally lead the company’s robotics business, as the Chinese electric vehicle maker — emerging as a frontrunner in humanoid robotics among automakers — pushes toward mass production by year-end. "The (robot) industry is becoming increasingly hot and competitive, and we have clearly seen the direction and timing of victory, but it still requires more arduous implementation and extremely high decision-making ability," Xpeng CEO He Xiaopeng said in an internal letter reviewed by Reuters. He said the decision to take on the role of "CEO" of the robotics unit, effective immediately, comes "on the eve of mass production and commercialisation" of Xpeng's humanlike IRON robots, which debuted last year.
XPENG (NYSE:XPEV) said it expects a sharp rebound in second-quarter deliveries after a weaker first quarter, while management outlined a broader push to position the company around “physical AI” applications including advanced driver assistance, Robotaxis and humanoid robots. Co-founder, Chairman a
Electric vehicle maker Xpeng on Thursday forecast second-quarter revenue below market expectations, underscoring a prolonged slowdown in demand and stiff competition in the Chinese EV market. Domestic car sales in China fell for a seventh straight month in April, with industry estimates showing that EV and plug-in hybrid sales growth were likely to slow in 2026 after years of rapid expansion. Still, Chinese EV makers are betting on advanced driver-assistance systems, feature-rich vehicles and broader model lineups to help navigate the downturn.
Chinese electric vehicle maker Xpeng said on Monday it had begun mass production of its first robotaxi at its Guangzhou headquarters, targeting fully driverless operations by early 2027. The Tesla rival is accelerating its shift toward driverless vehicles and humanoid robotics as competition intensifies in the world’s largest auto market. The new robotaxi, built on Xpeng's GX platform, is China’s first "production-ready, pre-assembled robotaxi model developed entirely with in-house technologies," the company said.
Volkswagen is accelerating its China strategy by deepening partnerships with local technology and electric vehicle makers, including Xpeng, as it faces intensifying competition and a prolonged price war. The company is pushing greater localisation across manufacturing, R&D and product development to shorten vehicle cycles and cut costs. The strategy comes as China's auto market shifts toward replacement buyers and faster innovation, putting pressure on foreign carmakers to adapt quickly. Robert Cisek, Passenger Cars Brand China CEO at Volkswagen, spoke with Stephen Engle on Insight with Haslinda Amin from the Beijing Auto Show.
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