XPeng's stock fell 3.49% to $15.07 amid broader market declines after announcing the rollout of its first mass-produced Robotaxi, a key step in its autonomous vehicle strategy. The company plans pilot Robotaxi operations in late 2026 and aims for full autonomy by early 2027. XPeng also targets humanoid robot production by Q4 2026 and reported April vehicle deliveries up 13% month-over-month but down 11.5% year-over-year. Analysts hold a 'Hold' rating with a $21.06 consensus price target ahead of earnings due May 28.
Chinese electric vehicle companies like Xpeng and Xiaomi are expanding into humanoid robotics as their core EV market faces slowing growth and profitability pressures. This diversification aims to reshape investor perceptions by positioning these aut...
XPENG has started operating the world's first advanced humanoid robot production lines, successfully transitioning from R&D to mass manufacturing. Their humanoid robot, IRON, features high dexterity, AI intelligence, and automotive-grade quality, des...
