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TSLA's Q2 miss, margin pressure and heavy spending triggered a 14% slide, but stabilizing EV demand, balance sheet strength and FSD gains support a hold.

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.

The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was up 0.03%, and the actively tr

BYD continues its comeback, after a tough start to the year, according to new data. Other Tesla rivals like XPeng and Xiaomi also had a strong June.

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.

Tesla retail sales in China grew 22% year-over-year in May, ending a two-month decline. Tesla stock rose modestly early Monday after diving last week.

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

Chinese EV Rivals Split After Earnings as XPeng Impresses and Li Auto Stumbles

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.

The main US stock measures were trending lower in Thursday's premarket activity amid renewed tension

Li Auto reports a first-quarter per share loss of 15 cents while Wall Street was looking for a loss of 13 cents. XPeng reports a loss of 13 cents; Wall Street expected a loss of 10 cents.

Both XPeng and Li Auto reported a double-digit year-on-year decline in revenue, while still exceeding Wall Street expectations.

Chinese electric-vehicle maker XPeng had a weak start to 2026, slipping back to a loss in the first quarter after becoming profitable at the end of last year.

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.